• Antitrust trial puts book publishing industry in the dock

    1 day ago - By Boston Herald

    The Justice Department's effort to block the merger of Penguin Random House and Simon & Schuster isn't just a showcase for the Biden administration's tougher approach to corporate consolidation, it's a rare moment for the publishing industry itself to be placed in the dock.
    Through the first week of an expected two- to three-week trial in U.S. District Court in Washington, top publishing executives at Penguin Random House, Simon & Schuster and elsewhere, along with agents and such authors as Stephen King, have shared opinions, relived disappointments and revealed financial figures they...
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