Newsmax Inc. Launches Antitrust Lawsuit Against Fox News for Alleged Market Monopolization
Reuters
Sep 03
Newsmax Inc. Launches Antitrust Lawsuit Against Fox News for Alleged Market Monopolization
Newsmax Inc. has initiated a significant federal antitrust lawsuit against Fox Corporation and Fox News Network in the United States District Court for the Southern District of Florida. The lawsuit accuses Fox of conducting an unlawful campaign to suppress competition in the right-leaning pay television news market, specifically targeting Newsmax. Newsmax alleges that Fox has engaged in exclusionary tactics, including no-carry provisions, imposing financial penalties, and exerting pressure to restrict competing channels. The suit seeks a declaration that Fox's actions are unlawful, monetary damages, and orders to restore competitive practices in the market. The case underscores claims that Fox's conduct has harmed not only Newsmax but the competitive media landscape as a whole.
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