- cross-posted to:
- nottheonion
- cross-posted to:
- nottheonion
That’s not how this stuff is supposed to work.
My thoughts exactly… how is that legal?
We used the monopolizing to destroy the monopolizing
From Fubo’s statement to Ars:
The definitive agreement that Fubo signed with Disney today will actually bring more choice to the market. As part of the deal, Fubo extended carriage agreements with Disney and also Fox, enabling Fubo to create a new Sports and Broadcast service and other genre-based content packages. Additionally, as the antitrust litigation has been settled, the Venu Sports partners can choose to launch that product if they wish. The launch of these bundles will enhance consumer choice by making available a broad set of programming offerings.
So they’ll increase competition by having Venu compete with… itself?
The classic, we bought them to sell our product and then in a few years fully merge (see Hulu) so they no longer are even a product!
“Monopolization is fine as long as we get cut into the action”