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Why the Feds Want to Stop a Major Publishing Merger

19 min•3 november 2021
The Department of Justice yesterday sued to block Penguin Random House, the world's largest book publisher, from buying rival Simon & Schuster for more than $2 billion. WSJ's Jeffrey A. Trachtenberg explains how the industry has consolidated in recent years and why the government says it wants to block the deal for the sake of authors.

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