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Justice Department Sues To Block Penguin Random House Acquisition Of Simon & Schuster

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The merger would give Penguin Random House, the world’s largest book publisher, an even greater share of the publishing market.
The Department of Justice (DOJ) filed an antitrust lawsuit Tuesday aiming to block the acquisition of publishing company Simon & Schuster by its largest competitor, Penguin Random House, in an attempt to avoid any “outsized influence over who and what is published.

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