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August 4, 2022By Erin Somers

Dohle on Spiegel & Grau, Advances, and the Bidding Pledge

August 4, 2022By Erin Somers

This is an interim report on Penguin Random House ceo Markus Dohle’s testimony in the A3 antitrust trial on Thursday. This post focuses on some of the learnings less related to the merger itself from the morning: – On the subject of bidding rules, which we already reported on once — regarding allowing S&S and PRH to bid independently outside of auctions, when authors want to move with an option book, Dohle said he and Madeline McIntosh are considering an even bigger change. Dohle said “We are considering — no decision yet — to even broaden the opportunity” that their […]

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Filed Under: Antitrust Trial

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