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