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Simon & Schuster CEO insists 'Big Five' publishers don't dominate US industry during Penguin Random House merger trial

By Serafina Smith
  • 03 Aug 2022 22:56
  • 03 Aug 2022 22:56
Simon & Schuster Chief Executive Jonathan Karp contested the US government’s claim that the “Big Five” publishers dominate the market, on the third day of a trial over Penguin Random House’s proposed acquisition of Simon & Schuster.

In cross-examination by the defense, Karp highlighted several examples when Simon & Schuster has faced competition

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