Aon and WTW shared the following statement today in response to the legal action taken by the U.S. Department of Justice:
“We disagree with the U.S. 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.
We are grateful to our respective colleagues for the work they have done to support our respective clients and each other throughout this process, as evidenced by the excellent performance of Aon and Willis Towers Watson since the announcement of the proposed combination.”
U.S. sues to stop Aon’s purchase of Willis Towers Watson
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Aon and Willis Towers Watson Issue Statement on U.S. Department of Justice Action