DOJ wants more answers on Fox’s $22B Roku deal
The U.S. Department of Justice has issued a 'second request' for information regarding Fox's proposed $22 billion acquisition of Roku. Regulators are investigating potential antitrust concerns, specifically regarding how the merger might impact streaming competition and consumer data usage.
Why it matters
This investigation reflects increasing federal scrutiny over media consolidation and the power of platforms that control content distribution.
Fox’s $22 billion plan to buy Roku has hit a new hurdle.
The Justice Department sent Fox and Roku what’s known as a “ second request ” on Tuesday, asking the companies to turn over more data and documents as it takes a closer look at the deal. That’s a fairly standard step in a major antitrust review, but it also means the DOJ has more questions than it could answer from the companies’ initial filings.
Semafor was first to report the investigation. We reached out to Fox for comment.
While a second request doesn’t mean the DOJ is preparing to block the deal, it does signal that regulators want a much closer look at how it could affect competition and consumers before deciding whether to clear it.
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