Lawmakers Question Impact of Major Sports Streaming Venture on Prices and Access

U.S. Representatives raise concerns that the Disney/ESPN, Fox, Warner Bros. Discovery sports streaming joint venture will be anticompetitive and lead to higher prices.

The representatives request answers from the CEOs of the 3 companies about pricing, intent, and organization of the venture.

The Justice Department is reportedly planning to review the venture over possible consumer harms.

Internet provider Fubo filed a lawsuit seeking to block the venture's launch, alleging antitrust violations.

The CEOs claim the venture will be "pro-consumer" but the representatives question how it will affect access, competition, and choice in sports streaming.