1 November 2021
The Biden administration is suing to stop Penguin Random House owner Bertelsmann from acquiring its rival Simon & Schuster in a $2.2bn deal.
The Department of Justice (DoJ) said the acquisition could be detrimental to authors in an antitrust case filed against PRH in the United States District Court for the District of Columbia on Tuesday (2nd November). Both publishers have vowed to fight the lawsuit "vigorously".