The U.S. Department of Justice sued on June 20 to block the $1.4 billion merger between Quad/Graphics and LSC Communications. The regulator alleges it will raise prices and consolidate competition. The two firms serve the newspaper, magazine and publishing industry.
LSC said in a statement it believes the DOJ reached the wrong conclusion and that along with Quad will fight the lawsuit.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Big Tech fears US regulation, but it may be Ireland that should scare themIreland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR. Ireland will do whatever highest bidder wants - they drop tax rates to bribe big tech companies to dodge tax there & they've accepted massive EU handouts over the years. EU is currently onto them over enforcing privacy laws so they'll bow & do what they want.
Source: CNBC - 🏆 12. / 72 Read more »