sur Newsmax Inc. (NASDAQ:NMAX)
Newsmax Initiates Antitrust Lawsuit Against Fox News
In a significant legal move, Newsmax Inc. has filed a federal antitrust lawsuit against Fox News, claiming unlawful market practices. The suit, handled by Kellogg, Hansen, Todd, Figel & Frederick, accuses Fox of anti-competitive strategies to suppress rivals like Newsmax in the right-leaning TV news sector.
Newsmax seeks damages under the Sherman Act and Florida laws, with potential significant financial implications for Fox if Newsmax succeeds. The complaint alleges Fox coerced distributors and restricted fair competition, impacting consumer choices and prices.
Fox’s tactics reportedly included no-carry provisions and financial penalties for distributors, forcing them to include less popular Fox channels. Newsmax claims these practices hindered its growth on platforms like Hulu and Sling, impacting its market reach and revenues.
The lawsuit underscores broader impacts on competition and consumer choice, highlighting potential price increases and limited alternative news options due to Fox's alleged market dominance.
R. H.
Copyright © 2025 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Newsmax Inc.