US judge blocks $2.2bn Penguin Random House merger

Justice department argued the melding of the publishing house with Simon & Schuster would harm competition and authors’ payA US judge has blocked the $2.2bn planned merger of Penguin Random House, the world’s largest book publisher, with rival Simon & Schuster.Judge Florence Pan of the US district court for the District of Columbia said in a brief order on Monday that she had found that the justice department had shown that the deal would “substantially” harm competition “in the market for the US publishing rights to anticipated top-selling books”. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2022-11-01 00:30:18 UTC ]
News tagged with: #district court #simon schuster #justice department #publishing rights #largest book #penguin random house

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Apple: Biased Judge Should Not Decide Damages

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[ Publishers Weekly | 2014-03-05 00:00:00 UTC ]
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Artist's spoof Ladybird book provokes wrath of Penguin

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[ The Guardian | 2014-03-02 00:00:00 UTC ]
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Alison Bechdel's memoir 'Fun Home' runs into trouble with the South Carolina House of Representatives

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[ The Christian Science Monitor | 2014-03-01 00:00:00 UTC ]
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[ Publishing Perspectives | 2014-02-28 00:00:00 UTC ]
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