(Reuters) – The Department of Justice said on Wednesday that it would sue to stop insurance broker Aon PLC's $ 30 billion acquisition of Willis Towers Watson PLC. more leverage than we think we do and will have even more when the Willis deal ends. …. We operate in an oligopoly that not everyone understands.
The complaint, which was filed in the U.S. District Court of District of Columbia, listed five problem areas, including the identification of appropriate health benefits for large customers and plans for property, accident, and financial risk for large customers.
A spokesman for Willis declined to comment. Aon did not immediately respond to a request for comment.
The companies proposed divestments to solve US antitrust problems, but they were insufficient, the department said.
"American companies and consumers rely on competition between Aon and Willis Towers Watson to lower prices for important services, such as health and retirement benefits," said Attorney General Merrick Garland.
"Bringing Aon and Willis Towers Watson together would reduce vital competition and leave American customers with fewer choices, higher prices and lower quality services.