Lawyers for Walt Disney on Tuesday asked a US judge to dismiss a pair of consumer antitrust cases alleging the media and entertainment company’s business contracts have artificially driven up the costs for rival video streaming services YouTube TV and DirecTV Stream.
In a court filing, Disney’s attorneys argued that the nine plaintiffs who filed the purported class action lawsuits in San Jose, California, in December “misconstrue basic antitrust and economic concepts.”
Related: New Suit Claims Disney Uses Hulu, ESPN To Raise Streaming Costs
The consumers alleged Disney’s ownership of the sports TV programmer ESPN — part of the base package for a YouTube TV subscription — has allowed the company to “set a price floor” in the market for TV streaming. The plaintiffs claimed they are paying more for their subscriptions than they would if ESPN were not part of the minimum service.
But Disney’s attorneys at Farella Braun + Martel and Cravath, Swaine & Moore contend the plaintiffs failed to show “a relevant antitrust market in which competition was harmed.” They also contend “the antitrust laws exist to protect competition, not individuals.”
Featured News
Japan’s Nippon Steel Eyes Year-End Close on $15B US Steel Deal Amid Political Uncertainty
Nov 7, 2024 by
CPI
Canada Orders Dissolution of TikTok’s Business Amid National Security Concerns
Nov 7, 2024 by
CPI
India Raids Amazon, Flipkart Seller Offices in Foreign Investment Probe
Nov 7, 2024 by
CPI
Canada’s Competition Bureau Seeks Public Feedback on Updated Merger Guidelines
Nov 7, 2024 by
CPI
FTC Adopts Stricter Reporting Rules for Mergers, Delays Expected in 2025
Nov 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI