DOJ set to issue book publishers merger challenge to judge

By Matthew Perlman (July 29, 2022, 3:13 p.m. EDT) — Prolific scribe Stephen King is among a parade of industry players set to testify about the bestselling book publishing business in a trial which begins Monday on the planned purchase of Penguin Random House from Simon & Schuster.

Judge Florence Y. Pan is presiding over the case in U.S. District Court for the District of Columbia, where the government is trying to block the $2.18 billion deal.

Author Stephen King, seen in 2013, is expected to testify to bolster the government’s case to block Penguin Random House’s planned purchase of Simon & Schuster. The proposed merger will “reduce competition and likely…

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