Judge blocks $2.2 billion merger of Penguin Random House and Simon & Schuster

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 theThe ruling, which comes after a three-weeklong trial, would significantly impact the publishing industry, though Penguin Random House plans to appeal.

Penguin Random House is the largest book publisher in the U.S., while Simon & Schuster is the fourth largest.District Court Judge Florence Y.

"As we demonstrated throughout the trial, the Department of Justice’s focus on advances to the world’s best-paid authors instead of consumers or the intense competitiveness in the publishing sector runs contrary to its mission to ensure fair competition.

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When are they going to stop Amazon from buying up everything they can get their hands on?

Now block the Kroger-Albertsons merger please.

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