Saturday, August 10, 2019

PUSHBACK AGAINST CENGAGE AND MCGRAW-HILL MERGER: WHAT IS AT STAKE AND WHAT COMES NEXT? - Henry Kronk, eLearning Inside

A group of nearly 100 different student representatives, organizations, and institutions have signed a letter to the U.S. Department of Justice asking that they block the proposed merger between education publishers Cengage and McGraw-Hill. The letter was released on U.S. Public Independent Research Group’s (PIRG’s) site on July 29. Addressed to Assistant Attorney General Makan Delrahim, it asks the DoJ to block the deal on the grounds that it will violate antitrust law and limit competition. They write, “The merger threatens to consolidate more power in the grasp of a handful of publishers, who have used their enormous market share to drive up prices for consumers over the course of the past few decades.”

https://news.elearninginside.com/pushback-against-cengage-and-mcgraw-hill-merger-what-is-at-stake-and-what-comes-next/