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.
> 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.