Trump Administration Takes Tough Stand on Big Tech, Blocks Major HPE-Juniper Merger to Safeguard Market Competition
WASHINGTON — In a move that underlines the Trump administration’s hardline stance on corporate consolidation, the Department of Justice has filed a lawsuit to block the proposed $14 billion merger between Hewlett Packard Enterprise and Juniper Networks. This legal challenge marks a sharp turn from expected regulatory leniencies predicted during Donald Trump’s presidency, signaling robust enforcement of antitrust laws especially within the tech industry. The federal lawsuit, initiated this past Thursday, aims to halt the merger on the grounds that it would drastically diminish competition within the U.S. enterprise wireless networking market. Authorities argue that … Read more