DOJ v. PRH: Challenges over Bid Competition, Market Share - Publishers Weekly

Today, Panzer made another trip to the Publishers Weekly site to get the latest news for you about the Department of Justice's (DOJ) case against Penguin Random House's (PRH) acquisition of Simon and Schuster (S&S).

Back and forth. Makes me dizzy.

According to Ed Nawotka's post, PRH's witness Edward Snyder again took the stand to be cross-examined by the DOJ about his statements concerning book auctions and book advance bidding. Following his testimony, the DOJ brought in Nicholas Hill to rebut Snyder's testimony about the bidding and show why it was unsupported. Included in the post are links to previous posts.

 

Panzer says, "Depending on how you arrange them, statistics will say whatever you want."

Note: This is a long post. Bring a large glass of iced tea and a big muffin for today's reading selection. If you plan to follow the links in the post, you'll need to decide what to bring to eat and drink.

To read the post tootle over to Bid Competition