The Department of Justice is preventing two giants of the book publishing industry from joining hands. The DOJ filed a lawsuit to stop the merger of Penguin Random House and Simon & Schuster. What is the accusation? Monopsony.
Today’s episode explains what a monopsony means and how it might impact antitrust enforcement.
You can find more information on monopsony at the following link: Monopsony In Labor Markets: A Meta Analysis.
This primer by Planet Money provides more information about the history of American antitrust.
NPR’s podcast survey aEUR” is a great way to get started, especially if it’s your first listen! It’s anonymous and short. We will be able to serve you better.
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