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Juniper Networks' stock price change within 1 month of CMA's final decision?
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Story
UK’s CMA Antitrust Probe into HPE’s $14 Billion Juniper Networks Acquisition
Jun 19, 2024, 12:16 PM
The UK’s Competition and Markets Authority (CMA) has initiated an investigation into Hewlett Packard Enterprise’s (HPE) planned $14 billion acquisition of Juniper Networks. The probe aims to determine whether the merger would lead to reduced competition in the UK market. The CMA has set an August 14 deadline to decide whether to proceed with a full investigation. This move highlights the increasing scrutiny of large tech mergers by regulatory bodies and antitrust watchdogs concerned about market monopolies and consumer impact.
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