The US DoJ prohibits a merger between two competing national publishing companies (Penguin Random House / Simon & Schuster)

Justice Department Sues to Block Penguin Random House’s Acquisition of Rival Publisher Simon & Schuster* Merger Would Create Publishing Behemoth, Harming Authors and Consumers The U.S. Department of Justice filed a civil antitrust lawsuit today to block Penguin Random House’s proposed acquisition of its close competitor, Simon & Schuster. As alleged in the complaint filed in the U.S. District Court for the District of Columbia, this acquisition would enable Penguin Random House, which is already the largest book publisher in the world, to exert outsized influence over which books are published in the United States and how much authors are paid for their work. “The complaint filed today to ensure fair competition in the U.S. publishing industry is the latest demonstration of

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

US Department of Justice Antitrust Division, The US DoJ prohibits a merger between two competing national publishing companies (Penguin Random House / Simon & Schuster) , 2 November 2021, e-Competitions November 2021 - II, Art. N° 103558

Visites 129

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues