'A huge win for America's system of antitrust law—designed to protect creators, workers, independent businesses, and consumers from consolidated power and control.' openmarkets
that blocked publishing company Penguin Random House from buying one of its top competitors, marking what one observer called a"major milestone" in anti-monopoly enforcement and potentially signaling future actions against retail giant Amazon.
"This decision is an enormous win for America's book publishing business—especially readers, authors, and editors,"Barry Lynn, executive director of the Open Markets Institute, which works to combat monopolization."This is also a huge win for America's system of antitrust law—designed to protect creators, workers, independent businesses, and consumers from consolidated power and control.
"Publishing should be more focused on cultural growth and literary achievement and less on corporate balance sheets," KingStacy Mitchell, co-director of the Institute for Local Self-Reliance, said the DOJ's focus on potential lost income for authors was significant.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Iron Bridge reaches major milestoneFirst ore from iron major Fortescue Metals’ Iron Bridge magnetite project, in the Pilbara, has been fed into its processing plant, with first production anticipated in the March quarter of next year. The $3-billion project will deliver 22-million tonnes a year of high grade 67% iron magnetite concentrate. This product enables Fortescue to enter the high iron-ore grade market segment providing an enhanced product range while also increasing annual production and shipping capacity.
Read more »
Netflix's Dahmer Series Crosses Major Streaming MilestoneNielsen's latest streaming ratings have arrived, revealing that the hit Netflix series DAHMER – [...]
Read more »
BabyDoge Price Rises as Meme Coin Hits Major Milestone.BabyDogeCoin price is up as its Twitter army keeps expanding, but still behind $SHIB and $DOGE
Read more »
King County judge temporarily halts Albertsons merger payoutA King County Court Commissioner has approved a temporary restraining order request filed by Washington state Attorney General Bob Ferguson to block Albertsons Inc. from paying a massive dividend to investors Monday, Nov. 7.
Read more »
Yankees’ Aaron Judge voted player of the year by fellow major leaguersAaron Judge was voted player of the year and the AL outstanding player by fellow major leaguers in the annual Players Choice Awards from the MLBPA.
Read more »