Antitrust

Welch calls on Netflix CEO to ensure fair competition for creators if proposed merger with Warner Bros. Discovery prevails  WASHINGTON, D.C. — U.S. Senator Peter Welch (D-Vt.), a member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, today questioned executives of Netflix and Warner Bros. Discovery, Inc. (WBD) about how their proposed merger could negatively impact America’s creative community. Senator Welch underscored the importance of protecting fair competition practices to ensure creators, writers, and producers…

WASHINGTON, D.C. – At a hearing before the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, U.S. Senator Peter Welch (D-Vt.) called out President Trump for firing Democratic members of the Federal Trade Commission (FTC) and discussed the importance of a fully-functioning FTC,…

WASHINGTON, D.C. –  In a Senate Judiciary Committee hearing on legalized sports betting, U.S. Senator Peter Welch (D-Vt.) called out online sports gambling companies FanDuel and DraftKings for exploiting the addictive nature of gambling and undermining antitrust law.   The hearing comes after Senator Welch…

A pair of lawmakers have sent a letter to the heads of two U.S. antitrust agencies raising concerns that DraftKings and FanDuel are blocking competition from emerging sports betting operators. U.S. Sens. Mike Lee, R-Utah, and Peter Welch, D-Vt., sent a letter Thursday to the Federal Trade Commission and the U.S. Department…