I was reading my Writer's Market newsletter, when I read this story and couldn't believe it:
Barnes & Noble may buy Borders: Mega-bookseller Barnes & Noble is considering buying its top competitor, Borders Group. Investors, however, are wondering whether antitrust issues would allow the deal to go through.
It was a very good question that was raised. Will this be considered an antitrust issue? We have read, or I hope, the problems that arose with XM and Sirius trying to merge. It's kind of the same thing. At least we could say that XM and Sirius have valid arguments that might sway you to think that it isn't really an issue, but what can Barnes & Noble say? The only other bookseller around is Books-A-Million, and they definitely aren't competition for Borders and Barnes & Noble as it stands.
This is very interesting news and something that we should definitely keep an eye out for.
Other than that, I want to wish everyone a Happy Memorial's Day! Relax, hang out with the family, and don't think about work. If you are lucky enough to go out of town, next time, take me with you.
