Publishing and healthcare mergers set to be tested in antitrust showdown with Biden administration

Two merger trials, each beginning Monday in the federal courthouse in Washington, D.C., will provide an early test for the Biden administration’s antitrust enforcement and determine the fate of multibillion-dollar deals in the sectors of publishing and health.

In one case, the Justice Department is challenging book publisher Penguin Random House’s nearly $2.18 billion acquisition of Simon & Schuster, a deal that would combine two of the industry’s Big Five publishers. In the other, the department seeks to block UnitedHealth Group the parent company of the nation’s largest insurer, in the acquisition of a health technology company Changing healthcare a deal valued at $13 billion.

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