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Mergers & Acquisitions
HPE/Juniper
Our research on HPE/Juniper continues to suggest the DOJ is likely to prevail in litigation. Industry participants (who are not involved in the deal) believe the DOJ’s “enterprise-grade WLAN solutions” market definition is valid and that the merger combines two of only three significant players in the large enterprise (e.g., Fortune 1000) segment...
Tech / Media / Telecom
Antitrust (Meta)
Recent/upcoming developments… The FTC’s antitrust trial against Meta has begun. The trial – which is being heard in the DC District Court by Judge Boasberg – is expected to last around two months and conclude in mid-June. A decision in the case is expected in ~Q3 (though this could slip). To the degree Meta is found guilty by the court of...
Macro
Reconciliation & Debt Limit
As noted in our update last week (see this link), House committees are voting on the spending components of the reconciliation bill over the next two weeks. The House Ways and Means (W&M) Committee, which is responsible for tax legislation reportedly has a tentative plan to vote on 5/12-13. However, a member of the committee (Rep. Lahood (R-IL))...
Tech / Media / Telecom
Antitrust (Meta)
The FTC’s antitrust trial against Meta has begun. The trial – which is being heard in the DC District Court by Judge Boasberg – is expected to last around two months and conclude in mid-June. A decision in the case is expected in ~Q3 (though this could slip). To the degree Meta is found guilty by the court of antitrust violations, remedies...
Tech / Media / Telecom
Antitrust (Google)
Judge Brinkema of the United States District Court for the Eastern District of VA has found Google liable for monopolizing portions of the adtech market.
Tech / Media / Telecom
Antitrust (Google)
Recent/upcoming developments… Judge Brinkema of the United States District Court for the Eastern District of VA has found Google liable for monopolizing portions of the adtech market. * In her decision, Brinkema ruled that Google illegally monopolized the publisher ad server and ad exchange markets, violating Sections 1 and 2 of the Sherman...
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