DOJ Requests More Info on Fox's $22B Roku Acquisition

Fox Corp. and Roku have received a second request for information from the U.S. Department of Justice (DOJ) as part of the agency's antitrust review of Fox's planned $22 billion acquisition of the streaming platform. The request was made on Tuesday, intensifying regulatory scrutiny of the deal. The DOJ's inquiry focuses on potential competitive concerns in the streaming market, where Fox's acquisition of Roku could consolidate power. Fox and Roku have not yet commented on the development. The deal, announced earlier, would combine Fox's content library with Roku's distribution platform, raising questions about market competition and consumer choice. The second request indicates that the DOJ is conducting a thorough investigation, which may delay the closing of the transaction. Analysts suggest that the outcome could set a precedent for future media consolidation.