Reported about 9 hours ago
The US Justice Department has filed a lawsuit to block Hewlett Packard Enterprises' $14 billion acquisition of Juniper Networks, citing potential harm to competition in the enterprise wireless market. This move signals that the second Trump administration may not favor mergers as previously anticipated, according to Alden Abbott, a former FTC general counsel. HPE plans to argue that the merger will enhance competition against Cisco Systems while refuting the DOJ's claims about market dominance.
Source: YAHOO