Why Was Penguin Simon Schuster Merger Blocked New york — a federal judge has blocked penguin random house's proposed purchase of simon & schuster, agreeing with the justice department that the joining of two of the world's biggest publishers. New york (ap) — a federal judge has blocked penguin random house’s proposed purchase of simon & schuster, agreeing with the justice department that the joining of two of the world’s biggest publishers could “lessen competition” for “top selling books.”.
Doj Sues To Block Merger Of Penguin Random House Simon Schuster After three high profile antitrust losses, the justice department notched a win, convincing a judge to block the $2.2 billion merger between penguin random house and simon & schuster, the. A federal judge blocked penguin random house from buying simon & schuster, arguing that the combination of the two book business giants would illegally reduce competition. the ruling,. A federal judge blocked on monday penguin random house's move to acquire rival publisher simon & schuster in a win for the biden administration, which has sought to push the envelope of antitrust enforcement. A federal judge blocked on monday a bid by penguin random house, the biggest book publisher in the united states, to buy one of its main rivals, simon & schuster, in a significant victory for the.
Opinion Lawsuit Challenging Penguin Random House Merger With Simon A federal judge blocked on monday penguin random house's move to acquire rival publisher simon & schuster in a win for the biden administration, which has sought to push the envelope of antitrust enforcement. A federal judge blocked on monday a bid by penguin random house, the biggest book publisher in the united states, to buy one of its main rivals, simon & schuster, in a significant victory for the. A federal judge in washington, d.c. handed the u.s. department of justice a major antitrust win by blocking publishing giants penguin random house and simon & schuster from moving forward with their proposed $2.2 billion merger. New york (ap) — a federal judge has blocked penguin random house’s proposed purchase of simon & schuster, agreeing with the justice department that the joining of two of the world’s. A federal judge has blocked penguin random house’s proposed purchase of simon & schuster, agreeing with the justice department that the joining of two of the world’s biggest. A us court has blocked a $2.2bn (£1.9bn) merger between the world's largest book publisher penguin random house and its rival simon & schuster.