The First Amendment offers many protections but it does not offer protection for Libel
The First Amendment protects Americans in:
- Giving symbolic speech
- Protesting
- Press protection and freedom
The 1st Amendment will however, not protect a person who engages in libel which is when a person defames another person or entity as this can damage a person's reputation.
In conclusion, the 1st Amendment does not protect one from libel.
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