Justice Department Blocks|College Textbook Merger

     WASHINGTON (CN) – The Justice Department’s antitrust division challenges Houghton-Mifflin’s $750 million sale of its college textbook division to Cengage Learning. The merger would restrict competition in textbooks and ancillary, Internet-based, materials, Uncle Sam says.

     College students and their parents, already facing enormous bills for textbooks, could expect more price increases if the merger is permitted, the Justice Department says.

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