Urgent.News

What's breaking now, across thousands of outlets.

Business

Newsmax stirs up trouble for Fox

Newsmax CEO Chris Ruddy’s antitrust suit against Fox got tossed last year, but he refiled and keeps punching.

Newsmax stirs up trouble for Fox

Newsmax CEO Chris Ruddy is causing problems for Fox News, despite the fact that his company lacks the scale of the larger network. In a previous attempt, Ruddy filed an antitrust lawsuit against Fox, claiming that the company used exclusionary carriage deals to limit Newsmax's presence on streaming platforms. However, this case was dismissed last year.

Undeterred, Ruddy has refiled his lawsuit and is now working with allies in the White House to push the Justice Department's antitrust enforcers to block Fox's $22 billion acquisition of Roku. This comes after the DOJ widened its investigation into the deal's impact on streaming competition. Despite failing to stop the Nexstar-Tegna merger or secure a $250 million compensation fund in an FTC settlement over an advertising giants merger, Ruddy continues to keep big companies' lawyers busy, thanks to his connections with President Trump.

Fox has dismissed Ruddy's antitrust case as an attempt to "sue their way out of their own competitive failures." The DOJ has not responded to requests for comment on the matter.

Written by urgent.news from Semafor's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at semafor.com →

More in Business

The start-up is just the excuse

From the university classroom to real-world crises: How BGU’s Yazamut 360 Leaders Program prepares the problem-solvers of tomorrow for extreme uncertainty.

SHC gives occupants of its lands 21 days to regularise interests

The State Housing Company Limited (SHC) has commenced a nationwide audit and recovery exercise covering its lands and properties. The exercise, announced in a public notice dated Thursday, September 24, 2026, targets individuals and entities occupying or dealing with SHC properties without valid authority.

More from Thursday 24 September →