The U.S. Justice Department sued to block Aon PLC's proposed $30 billion acquisition of Willis Towers Watson (WTW), saying the deal to create the world's largest insurance brokerage is anti-competitive.
The department's antitrust division filed a lawsuit in federal court in Washington asking a judge to stop the deal, arguing that it would create too much concentration in the market and hurt businesses, their employees, and retirees.
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