US Judge Halts ESPN and Fox Sports Streaming Venture Amid Antitrust Concerns
Friday, 16 August 2024, 22:05
Antitrust Concerns Surrounding Sports Streaming
A recent ruling has led to a significant setback for ESPN and Fox as a US district judge granted Fubo TV a preliminary injunction against their joint venture with Warner Bros Discovery.
Fubo TV's Claims
- Fubo TV accuses the joint venture of anti-competitive practices.
- Judge Margaret M. Garnett states Fubo is likely to prove violations of antitrust laws.
- Irreparable harm to Fubo and consumers cited without an injunction.
Next Steps in Legal Proceedings
The joint venture's launch will be delayed as the case moves forward, making this a significant moment for the sports streaming industry.
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