Will the Next Chapter in DOJ’s Showdown With Book Publishers Rewrite the Book on Antitrust Merger Enforcement?* Federal antitrust enforcers hope to write a new chapter on merger enforcement this year as they face off against leading publishers. One of the major antitrust developments last year was the United States Department of Justice’s (DOJ) challenge of the merger of Penguin Random House and Simon & Schuster, alleging that the large publishers’ combined monopsony power would harm competition in the publishing industry and should be blocked. On December 13, 2021, the two publishers, along with their parents Bertelsmann SE & CO. KGaA and ViacomCBS (the “Publishers”), filed their answer to DOJ’s complaint. The answer foreshadows interesting debates in antitrust law, and a

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.