Justice Department Sues to Block Penguin Random House Aquisition of S&S - Publishers Weekly

 Panzer was tootling around in the Catosphere when the Panzermobile was shaken by clapping and cheering coming from outside. Following all the noise took our adventuresome kitty boy to the Publishers Weekly site. There he found a post about the Penguin Random House acquisition of Simon and Simon was causing all the noise. Panzer has been telling you about the proposed acquisition and the opposition to it since it was announced last year.

According to the post by John Maher and Andrew Albanese with reporting by Jim Milliot, the United States Department of Justice has filed suit in the U.S. District Court for the District of Columbia to stop the acquisition of book publisher Simon and Schuster by Germany's Bartelsmann's book publisher Penguin Random House. In the suit the DOJ says if the acquisition were allowed to go through PRH could use its market dominance to control author incomes and books published. The post includes links to other posts with addition information about the acquisition.

This post was a lot of work.

Panzer says, "This little kitty thought since there was so much opposition to the acquisition that the Department of Justice would step in."

Note: This is a long post. Bring a thermos of tea and three muffins for your reading. If you plan to follow the links in the Publishers Weekly post, bring another thermos of tea, eight more muffins and your sleeping bag for a nap in the middle.

To read the post tootle over to Dept. of Justice and PRH

To read Panzer's original post about the acquisition tootle over to Germany's Bertelsmann

To read Panzer's post about the Authors Guild's stand on the acquisition tootle over to Authors Guild