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FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced sports streaming joint venture, citing what the company calls “extreme suppression of competition in the U.S. sports-focused streaming market,” according to a copy of the lawsuit obtained by CNBC.
The joint venture, announced earlier this month, aims to offer viewers a new way to access marquee live sports. It’s slated to roll out this fall, but several questions remain around its pricing and structure.
“These horizontal competitors are colluding to create a JV that will cause substantial harm to competition and consumers,” the complaint reads.
The lawsuit also names Disney-owned ESPN and Hulu as defendants.
A spokesperson for the joint venture declined to comment.
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