Justice Department sues to block Hewlett Packard, Juniper merger
The Department of Justice (DOJ) on Thursday sued to block Hewlett Packard Enterprises from acquiring Juniper Networks, arguing that the merger between the nation’s second- and third- largest wireless network providers would reduce necessary competition in the industry.
The agency contends that Juniper’s emergence in recent years has forced rivals like Hewlett Packard to cut their prices and invest in new products, advantages that would be lost with consolidation.
“HPE and Juniper are successful companies. But rather than continue to compete as rivals in the [wireless local area network] marketplace, they seek to consolidate — increasing concentration in an already........
© The Hill
