Here’s what you need to know about publishing’s unprecedented antitrust lawsuit.
How are the publishers defending the deal?
They also contend that a larger, more efficient company would reduce book prices, ultimately benefiting readers, booksellers and authors. On Tuesday, Karp, Simon & Schuster’s CEO, pushed back against the government’s emphasis on auctions between his company and Penguin Random House that had raised advances, noting the many auctions he’d lost to other publishers as well.
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Stephen King to testify against his own publishing company in antitrust caseBestselling author Stephen King will testify in a federal court trial on behalf of the U.S. government against a merger of two 'Big Five' publishing companies, including King's publisher Simon & Schuster, according to court documents.
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Stephen King is set to testify for the government in books merger trialThe author of Carrie, The Shining and many other favorites, King has willingly — even eagerly — placed himself in opposition to Simon & Schuster, his longtime publisher.
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Stephen King to Testify for US Gov't in Antitrust Trial Against Publishing Giants' MergerThe author of “Carrie,” “The Shining' and many other favorites, King has willingly — even eagerly — placed himself in opposition to Simon & Schuster, his longtime publisher.
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Stephen King to testify for government in books merger trialRenowned author Stephen King is set to take the stand Tuesday at a federal antitrust trial in Washington.
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Stephen King to Testify for Gov't in Books Merger TrialRenowned author Stephen King is set to take the stand Tuesday at a federal antitrust trial in Washington.
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Stephen King Set to Testify for Government In $2.2B Books Merger TrialThe famed author has been a vocal opponent of the proposed union of publishing giants Penguin Random House and Simon & Schuster.
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