The U.S. government is suing to stop the book publisher Penguin Random House from buying a competitor, Simon & Schuster. The government says that the merger, which will shrink the number of large American publishers of mass-market books from five to four, will hurt some authors by reducing competition for their books.
The U.S. government is suing to stop the book publisher Penguin Random House from buying a competitor, Simon & Schuster. The government says that the merger, which will shrink the number of large American publishers of mass-market books from five to four, will hurt some authors by reducing competition for their books.
Just like higher education over the past fifteen years or so, the publishing industry doesn’t know where it wants to land.