Newsmax Files Lawsuit Against Fox News, Antitrust Case Alleges Major Violations

BOCA RATON, Fla. – Newsmax Inc. (NYSE:NMAX) announced today that the Company's subsidiary, Newsmax Broadcasting, LLC, has filed a major federal antitrust lawsuit against Fox Corporation and Fox News Network, LLC (collectively, "Fox") in the United States District Court for the Southern District of Florida. The suit, led by prominent antitrust litigators at Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., accuses Fox of engaging in an extensive and unlawful campaign to block competition in the market for right-leaning pay television news, including Newsmax. [See Newsmax Complaint Against Fox] Newsmax's action...