Amex GBT Labels DOJ Lawsuit to Block CWT Merger a 'Blatant Politicized Effort'

Amex GBT characterized the Justice Department's lawsuit to block its proposed merger with CWT "a blatant politicized effort" that failed to recognize the robust and evolved nature of the competitive landscape.

“Ignoring these realities, the government’s Complaint, filed in the waning days of the Biden administration even after understanding this transaction would not close before March 2025, presents a completely inaccurate picture of the current industry using cherry-picked facts, isolated examples, and stale, out-of-context statements that do not reflect today’s competitive landscape, all in a blatant politicized effort to bring one final anti-business merger challenge," Amex GBT's answer to the government's lawsuit states.

The travel management company noted that DOJ lawsuit came just five days before President-Elect Trump's inauguration and was "apparently politically motivated."

"The timing of this action is particularly puzzling in light of the government being told by Amex GBT