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December 12, 2019By Sara Grace

Australian Antitrust Commission Has Some Concerns About Cengage McGraw-Hill Merger

December 12, 2019By Sara Grace

The Australian Competition & Consumer Commission (ACCC) released a 17-page statement of issues regarding the planned merger of Cengage and McGraw-Hill, the result of a review begun in September. The report outlines two primary “preliminary concerns”: First, that the merger will result in “higher prices, reduced quality or a more limited product range for students in Australia”; and second, that it will “further reduce the already limited number of major publishers with whom higher education authors can publish their works.” Interested parties have until January 20 to submit comments and information, with a final decision due from the commission March […]

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Filed Under: DOJ, Education, Finance, Legal, M&A

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