Newsmax sues Fox News, calling it a monopoly that abuses its power
Newsmax alleges Fox News coerces distributors into exclusionary contracts, charging double the fees of rivals, to suppress competition and limit consumer choice in right-leaning pay TV news.
- Newsmax Broadcasting filed an antitrust lawsuit against Fox Corporation and Fox News for alleged unlawful monopolization to prevent competition among right-leaning news networks.
- The lawsuit alleges that Fox is blocking competition by imposing financial penalties on distributors who air Newsmax.
- Newsmax is seeking damages under Sections 1 and 2 of the Sherman Act and wants a federal court to declare Fox's actions unlawful.
- Fox News Media responded that Newsmax cannot sue their way out of their own failures in the marketplace because they cannot attract viewers.
161 Articles
161 Articles
Newsmax Sues Fox News, an Abusive Monopoly
Newsmax Broadcasting filed a lawsuit today in the Southern District of Florida against Fox News and the Fox Corporation. Newsmax alleges that Fox has engaged in illegal activities. Their goal is to block Newsmax and other networks from appearing on cable and pay TV systems around the country. They are calling Fox News a monopoly […] The post Newsmax Sues Fox News, an Abusive Monopoly appeared first on www.independentsentinel.com.
Newsmax Is Taking Fox News to Court
Newsmax is taking Fox News to court, accusing the cable giant of using monopoly power and intimidation to block out right-leaning competitors. The lawsuit claims Fox's tactics have stifled competition and hurt Newsmax's growth in the conservative media landscape, CNBC reports. The antitrust lawsuit, filed in federal court in southern...
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