Wednesday, August 28, 2019

Education group urges U.S. Justice Department to block textbook merger Bryan Pietsch, Reuters

An education group seeking to increase access to college textbooks and research materials on Wednesday asked the U.S. government to block the proposed merger of textbook publishers McGraw-Hill Education Inc and Cengage Learning Holdings II Inc. The proposed merger “will significantly decrease competition in a market already rife with anti-consumer behavior,” the Scholarly Publishing and Academic Resources Coalition (SPARC) said in a filing with the Justice Department’s Antitrust division. SPARC advocates the open sharing of research and educational material. Its members include colleges and universities from around the United States, such as Harvard University, Iowa State University and the Massachusetts Institute of Technology, according to its website.

https://www.reuters.com/article/us-cengage-m-a-mcgrawhill/education-group-urges-u-s-justice-department-to-block-textbook-merger-idUSKCN1V41RB