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Why haven’t tabloids been sued out of business?

In order to win a libel suit against a news organization, public figures have to demonstrate that the offending party acted with “actual malice,” which is not a Tom Clancy novel but rather a standard set by the Supreme Court’s 1964 decision in New York Times v. Sullivan: they must show that the defendant knew for sure that the offending information was false, and published it anyway.

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