DOJ Files Antitrust Lawsuit to Block $2 Billion Merger of Major Book Publishing Companies

DOJ Files Antitrust Lawsuit to Block $2 Billion Merger of Major Book Publishing Companies
The Penguin logo is visible on the spines of books displayed on a shelf at Book Passage in Corte Madera, Calif., on Nov. 2, 2021. Justin Sullivan/Getty Images
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The Department of Justice filed an antitrust lawsuit on Nov. 2 to block a merger of two major book publishing companies.

Penguin Random House, the largest book publisher in the world, is seeking to acquire its competitor, Simon & Schuster, for $2.18 billion. The sale was announced in November 2020.