Q&A: Cengage/McGraw-Hill Merger - SPARC
peter.suber's bookmarks 2019-08-05
Summary:
"Over the past year, one of SPARC’s top priorities has been tracking the evolution of the academic publishing industry and its implications for the future of research and education. The urgency of the issues outlined in our Landscape Analysis was put into sharp relief in May, when Cengage and McGraw-Hill—the second and third largest college textbook publishers—announced plans to merge. If approved by federal regulators, the merger would reshape the U.S. higher education course material market as a duopoly—with potentially dire consequences in terms of price, access, and control of student data....