Judge dismisses Newsmax lawsuit against Fox News
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Newsmax Sues Fox News, Alleging Network Abuses Its ‘Dominance’ in ‘Right-Leaning Pay TV News’
Newsmax has fired off a federal antitrust lawsuit accusing Fox News and parent Fox Corp. of engaging in “an extensive and unlawful campaign” over many years to block competition in the market for right-leaning pay-TV news.
Fox has 'engaged in an exclusionary scheme to increase and maintain its dominance in the market ... resulting in suppression of competition in that market that harms consumers, competition and Newsmax Broadcasting,
The news network is alleging that Fox is employing monopoly tactics that stifle competition, silence rivals, and inflate consumer costs. And one expert not involved in the litigation observed, "The timing of this lawsuit favors Newsmax in the Court of public opinion.
Fox Corp., long a skeptic of streaming, is rolling out Fox One, a direct-to-consumer outlet offering that includes Fox News and other linear channels.
A Southwest Florida TV and radio station firm, Sun Broadcasting, has agreed to a deal to acquire the Fox affiliate in Fort Myers for $40 million.
Newsmax filed a lawsuit claiming that the Lachlan Murdoch-run news giant blocks competitors by coercing pay TV operators, threatening steep financial penalties if they add Newsmax.
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