The US Department of Justice is investigating Walt Disney's (DIS) acquisition of a controlling stake in FuboTV (FUBO) to determine whether the combination would dominate the market for sports streaming, Bloomberg reported Wednesday, citing people familiar with the plans.
Disney and FuboTV didn't immediately reply to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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