Bill > S1059

This bill proposes to transfer all antitrust enforcement responsibilities from the Federal Trade Commission (FTC) to the Department of Justice (DOJ), creating a single federal agency responsible for antitrust enforcement. The bill establishes a transition period during which the DOJ will gradually assume the FTC's antitrust functions, including transferring all ongoing investigations, employees, assets, and funding related to antitrust matters. During this transition, the FTC will be prohibited from initiating new antitrust investigations or actions, though it may continue to support existing cases with DOJ approval. The legislation aims to reduce duplicative efforts, streamline enforcement, and improve efficiency by consolidating antitrust oversight under the DOJ's Antitrust Division. The bill includes extensive technical amendments to various laws to remove references to the FTC's antitrust role and replace them with the Attorney General. The effective date will be the start of the first fiscal year at least 90 days after the bill's enactment, with provisions to ensure a smooth transfer of responsibilities and minimal disruption to existing enforcement activities.

Justice

https://www.congress.gov/bill/119th-congress/senate-bill/1059/all-info