Reported about 9 hours ago
The U.S. Department of Justice has filed a lawsuit to block Hewlett Packard Enterprise's proposed $14 billion acquisition of Juniper Networks, arguing that it would harm competition by consolidating the market power of networking equipment largely between HPE and Cisco. In response, both companies plan to defend the deal, stating it will enhance their competitive capabilities against global players. The lawsuit is notable as it marks the first significant antitrust action since President Trump took office.
Source: YAHOO