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The Penguin Random House trial is ripping the lid off publishing
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The Penguin Random House trial is ripping the lid off publishing
The Justice Department alleges the publishers’ proposed merger would form a monopsony, or an unfair buying market.
The opposing parties in the Department of Justice’s lawsuit aiming to block Penguin Random House’s purchase of Simon & Schuster offered very different views of what a merger of the two would mean for authors and the industry in Friday’s closing arguments.
Only six fines were issued for dog mess in Sandwell over recent years – despite thousands of complaints.
The proposed merger of Penguin Random House and Simon & Schuster would crush competition among the publishing industry, the Justice Department argued on the final day of an antitrust trial intending to block the merger that saw testimony from famed author Stephen King.