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Dominion defamation lawsuit: Why did Fox News agree to pay Dominion $787.5 million?

Fox News has settled its case against Dominion Voting Systems, agreeing to pay $787.5 million. It is the largest publicly known defamation settlement in US history involving a media company. The lawsuit was filed by the voting machine company alleging that the news outlet had tarnished its reputation by peddling lies in the wake of the 2020 presidential elections
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