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White House Calls Nixing of Aon-Willis Deal 'Robust Enforcement' of Antitrust Laws insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.
Article content Advertisement Article content The COVID-19 vaccination strategy was a shambles in the beginning, and a country with little capacity to make sophisticated drugs found itself where youâd expect: the back of the pack. Prime Minister Justin Trudeau compensated by going to market. The government shamelessly placed orders with every pharmaceutical company that looked like it had a shot at developing a vaccine. It wasnât enough to overcome vaccine nationalism, but once AstraZeneca Plc, Moderna Inc., and Pfizer Inc. had satisfied their home countries, Canada was next in line. Now, it looks like slow and steady might win the race. Canada recently overtook Israel, the United Kingdom and the United States in delivering at least one dose to its population; as of July 23, about 53 per cent of Canadians were fully vaccinated, compared with about 49 per cent of Americans. ....
Aon Center (Bloomberg) With a new appetite for stepped-up antitrust enforcement sweeping Washington, big deals are already getting harder to do. Aon Plc’s decision on Monday to abandon a $30 billion takeover of insurance brokerage Willis Towers Watson Plc after Justice Department pushback is the latest signal that transactions that consolidate industries could run into trouble. More The Justice Department in a statement said that the deal would have consolidated the insurance brokering industry from three big competitors to two. “This is a victory for competition and for American businesses, and ultimately, for their customers, employees and retirees across the country,” Attorney General Merrick B. Garland said in a statement. ....
Deal Boom Under Regulatory Threat themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.
White House says scrapped Aon-Willis deal shows 'robust enforcement' reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.