Reuters —
The US Department of Justice has sued to block Hewlett Packard Enterprise’s $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to a complaint filed on Thursday.
Shares of both the server maker and Juniper Networks fell more than 3% in afternoon trading. The antitrust lawsuit marks the first since President Donald Trump took office last week.
The DOJ argued that the acquisition would eliminate competition and would lead to only two companies — Cisco Systems and HPE — controlling more than 70% of
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