What You Need to Know
- A judge's decision to block the merger of two major book publishers was a victory for the Justice Department's more expansive view of antitrust.
- The DOJ lost three earlier merger challenges, raising questions about its litigation strategy.
- Assistant Attorney General Jonathan Kanter has said the government needs to bring difficult cases to change the direction of antitrust law.
The U.S. Justice Department's successful challenge to the merger of two major book publishers provided a burst of momentum for the Biden administration's progressive antitrust approach following a string of early defeats.
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Law Firms Mentioned
- Hogan Lovells
- Cravath, Swaine & Moore
- Norton Rose Fulbright
- Latham & Watkins
- Shearman & Sterling LLP
- Simpson Thacher & Bartlett
- Cleary Gottlieb Steen & Hamilton
- O'Melveny & Myers
- Skadden, Arps, Slate, Meagher & Flom LLP
- Kirkland & Ellis
- Towers Watson
- Arnold & Porter
- Penguin Random House
- U.S. Department of Justice
- Simon & Schuster Inc.
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