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Antitrust trial puts book publishing industry in the dock
4 days ago | By Stl Today
The Justice Department's legal effort to block the merger of book publishing giants Penguin Random House and Simon & Schuster is more than just a showcase for the Biden administration's tougher approach to corporate consolidation. The trial going on in...
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Antitrust trial puts book publishing industry in the dock
4 days ago | By Chron
NEW YORK - The Justice Department's effort to block the merger of Penguin Random House and Simon & Schuster isn't just a showcase for the Biden administration's tougher approach to corporate consolidation, it's a rare moment for the publishing industry itself to be placed in the dock.
Through the first week of an expected two- to three-week trial in U.S. District Court in Washington, top publishing executives at Penguin Random House, Simon & Schuster and elsewhere, along with agents and such authors as Stephen King, have shared opinions, relived disappointments and revealed financial...
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