Penguin Random House and Simon & Schuster fire back at DOJ’s ‘misguided’ lawsuit over merger

Published December 13, 2021 10:15pm ET



Publishing giants Penguin Random House and Simon & Schuster argued in court Monday that a merger will benefit the publishing field, including booksellers and authors.

The joint filing rejected the Department of Justice’s claim in its antitrust lawsuit that a merger of two of the industry’s largest publishers would limit competition in the industry and decrease what authors are paid for their work.

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