The U.S. Justice Department’s successful challenge to the merger of two major book publishers provided a burst of momentum for the Biden administration’s progressive antitrust approach following a string of early defeats.
U.S. District Judge Florence Pan of the District of Columbia on Monday blocked Penguin Random House’s proposed acquisition of Simon & Schuster, handing a win to the Justice Department, which argued that the deal would harm competition for books viewed as potential bestsellers and lower advance payments to authors who write them.

U.S. Department of Justice building in Washington, D.C. Photo: Diego M. Radzinschi/ALM




