Quad/Graphics CEO: Industry Needs to Protect Its Supply Chain (foliomag.com)
In the aftermath of last year’s failed merger of two major publication printers, Quad/Graphics and LSC Communications—a deal that was abandoned after it was challenged by the Department of Justice on anti-trust grounds—both companies were vocal in their opinion that the DOJ’s stance was based on an outdated perception of the printing industry.
While each was undoubtedly the other’s largest competitor in magazine, catalog and retail insert printing, Quad and LSC argued that the real competition was in digital media—clients opting to disseminate their publications and marketing materials online rather than in print—and that these same clients would’ve stood to benefit from the increased efficiencies generated by the merger.
The DOJ disagreed, arguing that Quad and LSC’s printing and distribution resources constituted the “only realistic options” for many publishers and that eliminating competition between the two would “likely increase the price and reduce the availability of products from popular magazines to grade school textbooks.”
more at source: https://www.foliomag.com/quad-graphics-ceo-industry-needs-protect-supply-chain/