One of the bidders for regional sports networks that Walt Disney Co. is selling has lodged a complaint with federal regulators alleging that cable operator Charter Communications Inc. is undermining the sale process by threatening to drop the channels from its systems. In letters to the Federal Communications Commission and the Justice Department, Big3 Basketball LLC alleged that Charter’s conduct is depressing prices in the auction and suggested the situation could benefit Charter’s largest shareholder, Liberty Media Corp.,...

Source: Wall Street Journal April 11, 2019 15:43 UTC