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Judge Blocks Proposed Merger of Major Book Publishers in Win for DOJ Antitrust Effort

A federal judge on Monday blocked the proposed $2.2 billion merger of two major publishers, Penguin Random House and Simon & Schuster, delivering a significant win for the U.S. Justice Department’s antitrust division in its drive for more aggressive enforcement.

U.S. Circuit Judge Florence Pan of the District of Columbia said in a brief two-page order the Justice Department had shown that the merger of two so-called “Big Five” publishers would substantially lessen competition “in the market for the U.S. publishing rights to anticipated top-selling books.”

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