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
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The government is trying to demonstrate that the merger will lead to less competition for bestselling authors, lowering their advances and reducing the number of books.
The U.S is trying to show that the merger of Penguin Random House and Simon & Schuster will lead to less competition for bestselling authors, lowering their advances and reducing the number of books.
The U.S is trying to show that the merger of Penguin Random House and Simon & Schuster will lead to less competition for bestselling authors, lowering their advances and reducing the number of books.