Publishing, Healthcare Mergers Set for Trial in Antitrust Showdown With Biden Administration

Publishing, Healthcare Mergers Set for Trial in Antitrust Showdown With Biden Administration



Two merger trials, each beginning Monday at the federal courthouse in Washington, D.C., will provide an early test for Biden administration antitrust enforcement and determine the fate of multibillion-dollar deals in the publishing and healthcare industries.

In one case the Justice Department is challenging book publisher Penguin Random House’s nearly $2.18 billion acquisition of Simon & Schuster, a deal that would combine two of the industry’s big-five publishers. In the other, the department is seeking to blockUnitedHealth Group the parent of the nation’s largest insurer, from acquiring health-technology firm Change Healthcare a deal valued at $13 billion.



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