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Month: November 2021

The Justice Department is suing to block Penguin Random House's proposed acquisition of Simon & Schuster

Justice Department sues to stop Penguin Random House’s purchase of Simon & Schuster

By Brian Stelter, CNN Business The Justice Department is suing to block Penguin Random House’s proposed acquisition of Simon & Schuster, arguing that the combination of the two book business giants “would likely harm competition in the publishing industry.” Tuesday’s complaint in United States District Court is one of the first major antitrust actions by

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