Trump admin files first antitrust action to block tech deal

Is Trump Management On Thursday, his first antitrust operation, declaring a lawsuit to block the $ 14 billion technology transaction.

US Justice lawsuit files Hewlett Packard Enterprise (HPE) to block competitor wireless local network (WLAN) Technical supplierJuniper networks.

According to the protests, Juniper has rapidly increased from being a relatively small competitor in the GLAN market of the entrepreneurial class to become one of the three largest suppliers of technology. DOJ claims that juniper has brought competitive pressures that have reduced the costs for consumers, dynamic if the transaction will move forward, as the HPP and the market leader must be reinforced.

“HPE and Jun are successful companies. But rather continue to compete as competitors in the WLAN market, they seek to unite already in the market.

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Hewlett Packard Enterprise’s $ 14 billion Junip’s acquisition was a trump card by administration DOJ anti-monopoly request. (Aaronp / Bauer-Griffin / GC images / Getty Images)

“The threat of this merger poster is not theoretical. The vital industry in our country, including American hospitals and small businesses, relies Wireless networks to complete their missions. This proposed merger will significantly reduce competition and weaken innovation, which leads to the major sections of the US economy, less than wireless technology suppliers, “said Asif.

The DOJ complaint noted that HPE is “mandatory for its engineers and vendors” to “beat the juniper”, adding that HPE sales teams are “terrible”.

The complaint quotes the former Former HPE executive as saying that “there are no rules in the street fight” and that they must “kill” with the juniper when they compete for brand sale.

In 2024, Biden Administries Blocked or challenged

Jun Unifts and HPE pushed back DOJ’s job and challenged their tie to be useful for the market. (Jaque Silva / NurPhoto Via Getty Images)

HPE and Jun’s Judgegs pushed back the Judicial process to block the merger, arguing that the agency’s “Analysis of this acquisition is completely flawless” and “strongly protects the interpretation of justice.”

“Corresponding to conclusions obtained from all other major Anti-monopoly regulators Who has reconsidered the deal, this deal unites two additional network offers and creates a network player, which will be more efficient with global actions, “the companies wrote.

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DOJ request comes to block acquisition because Dealmakers expect Trump’s new administration to take a lighter regulatory approach to study offered transactions Biden Management Blocked several high-quality mergers.