US begins court battle against publishing giants’ merger ...Middle East

Los Angeles Daily News - News
US begins court battle against publishing giants’ merger
source : Los Angeles Daily News ( Middle East ) () 9
The government and publishing titan Penguin Random House exchanged opening salvos in a federal antitrust trial Monday as the U.S. seeks to block the biggest U.S. book publisher from absorbing rival Simon & Schuster. The case comes as a key test of the Biden administration’s antitrust policy. The Justice Department has sued to block the $2.2 billion merger, which […]

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