DOJ sues to block Penguin Random House from merging with Simon & Schuster
Some tech analysts are a bit baffled by the move and, subsequently, the DOJ’s priorities.
The Justice Department on Tuesday filed a lawsuit against publisher Penguin Random House that seeks to block its proposed merger with rival Simon & Schuster. It’s one of the Biden administration’s first big antitrust challenges, and it alleges Penguin’s acquisition would give it too much control over what books are published in America and how much authors get paid.