WASHINGTON—The Justice Department on Thursday sued to block the tie-up of Hewlett Packard Enterprise and Juniper Networks, a $14 billion deal that would join the second-largest and third-largest providers of wireless networking solutions for large corporate customers.

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

U.S. government regulators sued to block Hewlett Packard Enterprise’s $14 billion acquisition of rival Juniper Networks on Thursday, saying the combination would eliminate competition, raise prices and reduce innovation.

The U.S. Department of Justice on Thursday filed a lawsuit to block the HPE/Juniper Networks $14 billion deal. Here are five things channel partners need to know.

The Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire Juniper Networks, according to a complaint filed on Thursday in a federal court in California. Stocks of both the server maker and the networking gear vendor fell more than 3% in afternoon trading.

DOJ cited reduced competition in the wireless market as the biggest problem with the proposed $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The vendors say they plan to “vigorously defend the transaction in court.

Hewlett Packard Enterprise shares are trading lower Thursday after the U.S. Department of Justice (DOJ) filed an antitrust lawsuit to block its proposed $14 billion acquisition of Juniper Networks.