Monopoly watchdog group the Open Markets Institute has filed a brief, signed jointly by PEN America and the Authors Guild, encouraging the Department of Justice’s Antitrust Division “to block the merger between the two sole competitors in the long-run magazine and book printing markets,” Quad and LSC Communications. In October, Quad (formerly Quad Graphics) announced a deal to acquire LSC, and in February secured the credit to finance the $1.4 billion deal. The deal requires regulatory approval and is currently under review. Open Market’s March 6 letter argues that Quad and LSC represent the only two options for the printing […]
