Mar 17, 2016 4:15 PM by News Staff
The Justice Department has filed an antitrust lawsuit in an attempt to block Tribune Publishing's purchase of the Orange County Register and Press-Enterprise newspapers in Southern California.
The department says it sued Thursday because the sale would give Tribune a monopoly over newspaper sales in two California counties and allow it to increase subscription prices and advertising rates.
The Press-Enterprise is based in Riverside County.
Earlier Thursday, Tribune announced it had placed the winning $56 million bid for bankrupt Freedom Communications' newspapers. Tribune already operates the Los Angeles Times and The San Diego Union-Tribune.
A federal bankruptcy court judge still must approve the sale and has scheduled a hearing for Monday.