CMA launches merger investigation into PRH and S&S deal - The Bookseller

 Panzer was cleaning out the glove box in the Panzermobile when he found a wadded up post in there. Smoothing it out, he discovered it was a post from The Bookseller site about an investigation into the merger of book publishers PRH and S and S. A couple of months ago Panzer told you about the Authors Guild's requested investigation of the merger by the U.S. Department of Justice.

 

According to the post by Mark Chandler at The Bookseller site, the UK Competition and Markets Authority (CMA) is looking into the Penguin Random House (PRH) merger with Simon and Schuster (SS). This investigation would be similar to the U.S. Department of Justice (DoJ) investigation. Both would be looking to see if the merger would in any way stifle competition in the book publishing industry.

 

I'm not getting down.

Panzer says, "Hmm ... It looks like there will be one really big pit bull and a bunch of teacup poodles left."

 

Note: This is a long-medium length post. Bring a large mug of cocoa and a muffin for today's reading selection.

 

To read the post tootle over to merger investigation

To read Panzer's earlier post tootle over to Authors Guild