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EU antitrust body gives green light to merger of book publishing giants Random House, Penguin

Canadian Press, The Canadian Press
0 Comments| April 5, 2013


BRUSSELS - The European Union's antitrust watchdog on Friday gave its green light to the proposed merger of Penguin and Random House that will create the world's largest book publisher.

The deal will bring classics like George Orwell's "1984" and the recent literary phenomenon "Fifty Shades of Grey" by E.L. James under one umbrella. The merged publisher Penguin Random House is set to control about a quarter of the world's consumer book market.

© The Canadian Press, 2013


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