In Germany, we have the section §130 StGB in our criminal code: incitement to hatred. While it would be extremely hard if not impossible to get a TV station such as Fox News to be banned here, its hosts/mouthpieces/guests could certainly be sanctioned - up to actual jail time.
Also, our core media codex ("Medienstaatsvertrag") binds all broadcasting stations - radio, TV, streaming - to journalistic integrity and truthful reporting (§§6, 19, 51 MStV).
> What about CNN? They are as biased as Fox News.
I have yet to see a report that CNN broadcasts people that claim that the election was "stolen" or "manipulated". There is a massive difference between biased reporting and openly distributing lies.