http://blog.authorsguild.org/2012/11...-random-house/
Quote:
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Although Random House has said that the combination would control 25% of the book market, that appears to significantly understate things. The companies’ share of the U.S. trade book market for fiction and narrative non-fiction likely exceeds 35%. Their share in certain submarkets is no doubt even higher. The merger merits close scrutiny from antitrust officials at the Justice Department or the FTC.
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So a conspiracy to raise prices on consumers is a misapplication of antitrust law because publishing is a "special snowflake" but combining market power to squeeze more money out of authors merits antitrust action.
