The Books Merger That’s About Amazon

The U.S. wants to stop Penguin Random House from buying Simon & Schuster. The elephant in the room is Amazon. Book publishers want to become bigger and stronger partly to have more leverage over Amazon, by far the largest seller of books in the United States. One version of Penguin Random House’s strategy boils down to this: Our book publishing monopoly is the best defense against Amazon’s book selling monopoly.

Source: The Books Merger That’s About Amazon

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