Talk about understatement.
That’s how King began his testimony in the case of the government vs the merger of Penguin-Random House and Simon & Schuster.
In case you missed it — here are a few links that summarize King’s 30-minute testimony.
I think many of us would agree that mergers between 2 giants seldom help any but the mergees (new word; has the sinister tone I was going for). So this is King, who doesn’t need the help, standing up for those who do.
Thanks Mr. King!
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Thanks for posting the links.