Appeals Court Weighs Battle Over Search Ads
Appeals Court Weighs Battle Over Search Ads - 06/12/2023
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Appeals Court Weighs Battle Over Search Ads - 06/12/2023
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.
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.
The onetime “cotton king” of New York City’s garment district forfeited more than half a billion dollars in the aftermath of Bernard Madoff’s Ponzi scheme.
Carl Shapiro, the Boston philanthropist and onetime “cotton king” of New York City’s garment district, is believed to have forfeited more than half a billion dollars in the aftermath of Bernard Madoff’s Ponzi scheme.