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US state AGs back Disney, Fox, Warner on appeal of injunction against sports joint venture

( September 27, 2024, 22:31 GMT | Official Statement) -- MLex Summary: The attorneys general for Florida, Alabama, Iowa, Kentucky, Mississippi, and South Carolina told the US Court of Appeals for the Second Circuit that suits brought by horizontal competitors should be viewed with skepticism. The AGs filed a brief in support of the court reversing a preliminary injunction against a sports streaming joint venture by Disney, Fox and Warner Bros. Discovery. “Courts cannot stop companies from weaponizing antitrust law, but they should recognize that competitor suits present a “special hazard,” and exercise restraint when passing on them, particularly without a full hearing on the merits,” they said.See document below. ...

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