Bill > S633

This bill, called the One Agency Act, proposes to transfer all antitrust enforcement functions and related assets from the Federal Trade Commission to the Department of Justice. The key provisions of the bill are: - It finds that having antitrust enforcement jurisdiction split between the DOJ and FTC has wasted resources, hampered enforcement efforts, and caused uncertainty, and proposes giving primary federal antitrust enforcement responsibility to the DOJ. - It outlines the process and timeline for transferring FTC antitrust functions, employees, assets, and funding to the DOJ's Antitrust Division. - It removes the FTC's and state entities' authority to review the competitive impacts of communications industry transactions, making the DOJ solely responsible for such reviews under antitrust laws. - It makes various technical and conforming amendments to existing laws to align with the transfer of antitrust enforcement to the DOJ. The bill aims to consolidate federal antitrust enforcement under one agency, the Department of Justice, in order to improve efficiency and effectiveness.

Justice

https://www.congress.gov/bill/117th-congress/senate-bill/633/all-info