Question
It was discussed how the appropriate institutions in the U.S exploit Antitrust Laws and their effects on regulating mergers in non-competitive industries. How concentrated is
It was discussed how the appropriate institutions in the U.S exploit Antitrust Laws and their effects on regulating mergers in non-competitive industries.
- How concentrated is the publishing industry? Would you qualify competition in this industry as Cournot, Bertrand, cartels, or monopolistic? Explain.
- What motivates the Department of Justice's decision to sue to block the merger of Penguin Random House and Simon & Schuster? Explain clearly using concepts related to the course.
- In your opinion, what could be the outcome of this case in court? Elaborate on your thoughts.
The U.S. Department of Justice. (November 2, 2021).Justice Department Sues to Block Penguin Random House's Acquisition of Rival Publisher Simon & Schuster[Brochure]. Retrieved from https://www.justice.gov/opa/press-release/file/1445916/download
Kendall, Brent, and Trachtenberg, Jeffrey. (November 2, 2021).Justice Department Sues to Block Penguin Random House's Acquisition of Simon & Schuster. Wall Street Journal. [Editorial] . https://www.wsj.com/articles/justice-department-sues-to-block-penguin-random-houses-acquisition-of-simon-schuster-11635866422
Alter, Alexandra, Harris, Elizabeth, A., and McCabe, David. (November 2, 2021). Justice Dept. Sues Penguin Random House Over Simon & Schuster Deal. The New York Times. [Editorial]. Retrieved from https://www.nytimes.com/2021/11/02/books/penguin-random-house-simon-schuster-merger-lawsuit.html
Suarez, Ray. (August 31, 2011). DOJ Makes 'Audacious' Move to Block $39B AT&T, T-Mobile Merger. PBS NewsHour. [Video file]. https://www.youtube.com/watch?v=-XquULysO1E
The U.S. Federal Trade Commission. (n.d.). Mergers [Brochure]. Retrieved June 16, 2020, from https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/mergers
Carew, Sinead, andPelofsky, Jeremy. (AUGUST 31, 2011, 9:52 AM). U.S. moves to block AT&T, T-Mobile deal. WASHINGTON/NEW YORK (Reuters). [Editorial]. Retrieved from https://www.reuters.com/article/us-att-tmobile/u-s-moves-to-block-att-t-mobile-deal-idUSTRE77U39220110831
Cane, Jeffrey, De La Merced, Michael, and Protess, Ben. (AUGUST 31, 2011, 10:56 AM). U.S. Moves to Block AT&T Merger with T-Mobile. The New York Times. [Editorial]. Retrieved from https://dealbook.nytimes.com/2011/08/31/u-s-moves-to-block-att-merger-with-t-mobile/
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