DOJ files antitrust lawsuit against Penguin Random House

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DOJ files antitrust lawsuit against Penguin Random House

11-02-2021, 11:14 PM

The US Department of Justice (DOJ) sued Penguin Random House on Tuesday to block the publisher from acquiring Simon & Schuster, one of its closest competitors. Under the proposed acquisition, announced last year, the largest publisher in the US would purchase the fourth-largest publisher, creating the first megapublisher. Showing the Biden administration’s interest in regulating […]

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