(Credit: Alejandro Guzmani/Shutterstock.com) 'Factually and Economically Wrong:' Book Publishers Criticize DOJ's Antitrust Legal Theory
"Notably, the Department of Justice does not allege that the merger will reduce competition in the market for book sales or raise prices for consumers," according to the response filed by O'Melveny and Myers.
December 13, 2021 at 02:47 PM
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Lawyers for two major book publishers, Penguin Random House and Simon & Schuster, pushed back against a Justice Department antitrust lawsuit Monday, arguing that their proposed merger would be "procompetitive in every way."
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