"The recent announcement that Random House will merge with Penguin Books to form a new joint venture fulfills the expectations of many observers of the trade publishing scene. Consolidation is inevitable, the argument goes. The big will acquire the small and join forces with the other bigs. Big is better. It allows you to tell Jeff Bezos where to get off and unleashes all kinds of innovation. This argument, short on details though it is, may even be true." (Quoted from article)