Book-Industry Insiders Back the Biden Administration’s Bid to Stop a Publishing Mega-Merger

The Department of Justice’s attempt to halt Penguin Random House’s acquisition of Simon & Schuster finds support within an industry already burned by bad trends. “Obviously every agent is thrilled that the wheels might be grinding to a halt on this,” one insider says.

Source: “Too Late to Stand Up Against Amazon”: Book-Industry Insiders Back the Biden Administration’s Bid to Stop a Publishing Mega-Merger