‘This must be stopped’: US begins court battle against publishing giants’ merger

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The government and publishing titan Penguin Random House exchanged opening salvos in a federal antitrust trial Monday as the US seeks to block the biggest US book publisher from absorbing rival Simon & Schuster. The case will be a pivotal test of the Biden administration’s antitrust policy. The justice department has sued to block the $2.2bn merger, which would reduce the Big Five US publishers...

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