A D.C. federal judge peppered Simon & Schuster's CEO with questions about the frequency of competitive bidding for book acquisitions during testimony Wednesday on the government's bid to stop Penguin Random House from purchasing the rival publishing house.
Author Stephen King told a D.C. federal court on Tuesday that it's become tougher for writers to make a living from writing, testifying for the government in its bid to block Penguin Random House's planned acquisition of Simon & Schuster.
Author Stephen King told a D.C. federal court on Tuesday that it's become tougher for writers to make a living from writing, testifying for the government in its bid to block Penguin Random House's planned acquisition of Simon & Schuster.
Attorneys for the U.S. Department of Justice urged a D.C. federal judge on Monday to block Penguin Random House from buying Simon & Schuster in a planned $2.18 billion deal, contending during opening arguments that the move would cause author compensation to decline.
A Tenth Circuit panel ruled Friday that Sanofi-Aventis US LLC cannot pursue allegations that Mylan illegally blocked a potential competitor to its emergency allergy treatment EpiPen, finding there's not enough evidence of monopolization to show a jury.