Justice Department files antitrust suit to stop massive acquisition by Quad/Graphics

The U.S. Justice Department is suing to block Quad/Graphics Inc.’s proposed $1.4 billion acquisition of LSC Communications, saying the merger would combine the only two significant magazine, catalog and book printers in the country.

“LSC is Quad’s primary competitor,” Assistant Attorney General Makan Delrahim said in a statement. “If this deal were allowed to proceed, Quad would dominate the markets for magazine, catalog, and book printing services and be able to raise prices and reduce quality at the expense of publishers, retailers, and, ultimately, American consumers.”

Full Story