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DOJ probing Disney-FuboTV deal over competition concerns, Bloomberg News reports

The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO

The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. REUTERS/Carlo Allegri/ File Photo

 CARLO ALLEGRI

(Reuters) -Officials at the U.S. Department of Justice are probing Disney's deal to take a controlling stake in streaming company FuboTV, Bloomberg News reported on Wednesday, citing people familiar with the plans.

The DOJ is looking into whether the deal would unduly concentrate the market for sports streaming, the report said.



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