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Bill > HR2926


US HR2926

US HR2926
One Agency Act


summary

Introduced
04/30/2021
In Committee
11/09/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To transfer antitrust enforcement functions from the Federal Trade Commission to the Department of Justice, and for other purposes.

AI Summary

This bill, titled the "One Agency Act", proposes to transfer all antitrust enforcement functions, employees, assets, and funding from the Federal Trade Commission (FTC) to the Department of Justice (DOJ). The bill finds that the overlapping antitrust jurisdiction between the DOJ and FTC has wasted taxpayer resources and caused uncertainty, and that the DOJ is best suited to be the sole federal agency responsible for enforcing the antitrust laws. The bill provides a transition period for the transfer of personnel and cases, and requires the DOJ to assume authority over all existing FTC antitrust actions and consent decrees. The bill also removes the authority of the Federal Communications Commission and state entities to review the competitive impact of certain communications-related transactions, making the DOJ solely responsible for such reviews under the antitrust laws.

Committee Categories

Business and Industry, Government Affairs, Justice

Sponsors (5)

Last Action

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. (on 11/09/2021)

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