How Do Media Companies Get Regulated
One way that media companies are regulated are legal reasons which can bring them to self regulate in order to protect themselves and their reputation. During the 2020 Election Trump's legal team made of Rudy Guiliani and Sidney Powell claimed that election fraud was performed by the voting machine company "Dominion" by switching Trump to Biden votes, Sidney Powell appeared on news claiming that Dominion other than skewing election also belonged to the former Venezuelan president Hugo Chavez. Sidney Powell and Rudy Guiliani failed to provide concrete evidence but still expressed the accusation especially on Fox whose news anchors also repeated that Dominion rigged the election, this brought Dominion to sue Fox for $1.6 Billion due to defamation leading to loss in trust and loss in business. When Fox News was brought to court with Dominion it is revealed that internal communications showed news anchors like Sean O'Hanitty and Tucker Carlson though that Sidney Powell wa