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The Commission has approved the acquisition of Compaq Computer Corporation by Hewlett-Packard Company, two US-based global providers of computing and enterprise technology solutions. The merger is the largest ever in the Information Technology sector.
The US Federal Trade Commission (FTC) is still investigating the transaction and the Commission's decision does not prejudice in any way the outcome of the assessment in the US. Mr Walter Hewlett and several heirs of HP's founder are opposed to the merger.