Judge blocks Penguin Random House from merging with rival publisher Simon & Schuster ...Middle East

The Hill - News
Judge blocks Penguin Random House from merging with rival publisher Simon & Schuster
A federal judge on Monday blocked mega-publisher Penguin Random House from acquiring rival Simon & Schuster, a major win for the Justice Department’s (DOJ) antitrust division. Judge Florence Pan, who heard the case in the U.S. District Court for the District of Columbia, said DOJ had shown the proposed merger may have the effect of substantially lessening competition in the publishing industry for top-selling books. Pan also issued a memo to support her ruling that was filed under seal, and she directed the parties to jointly propose redactions of confidential information before the document’s release. The ruling marks a significant victory for the Biden administration DOJ’s more

Hence then, the article about judge blocks penguin random house from merging with rival publisher simon schuster was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Judge blocks Penguin Random House from merging with rival publisher Simon & Schuster )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News