DOJ move: Aon and WTW issue response

Aon plc and Willis Towers Watson shared a statement recently in response to the legal action taken by the US department of justice: “We disagree with the US Department of Justice’s action, which reflects a lack of understanding of our business, the clients we serve and the marketplaces in which we operate.

“Aon and Willis Towers Watson operate across broad, competitive areas of the economy and our proposed combination will accelerate innovation on behalf of clients creating more choice in an already dynamic and competitive marketplace. While this proposed combination was not developed with the pandemic in mind, the impact of the pandemic underscores the need to address similar systemic risks including cyber threats, climate change and the growing health and wealth gap which our combined firm will more capably address. We continue to make material progress with other regulators around the world and remain fully committed to the benefits of our combination.”