Re:US judge blocks $2.2B Penguin Random House merger
by hn_throwaway_99 on Monday October 31, 2022 @11:18PM
(#33416514)
This was the quote that got a "are you f'ing kidding me?" from me:
> Penguin Random House lawyer Daniel Petrocelli, who defeated the government in a previous merger challenge, argued during the trial that the deal would have “enormous benefits” for readers and authors alike since the imprints, or brands, owned by the two giants would continue to compete against each other.
Glad to read in the next paragraph that Stephen King got to call that out as "ridiculous" in court.
Re:US judge blocks $2.2B Penguin Random House merger
by TeMPOraL on Tuesday November 01, 2022 @06:17AM
(#33419184)
> That there are apparently still people that this routine works on is a touch depressing
Each time I think that, I then immediately realize that every year, there's a fresh cohort just becoming adults, who are yet to fall for all these tricks. These things works because there's an endless supply of new marks.
I snorted at that. This is the same old shtick companies trot out every time they want to do something egregiously anti-consumer--or in this case, anti-creator. That there are apparently still people that this routine works on is a touch depressing, but at least the judge wasn't one of them.