One Agency Act

The One Agency Act (S 1059) would transfer primary responsibility for enforcing U.S. antitrust laws from the Federal Trade Commission (FTC) to the Department of Justice (DOJ). It would transfer all FTC antitrust actions, employees, assets, and funding to the DOJ during a transition period of up to 18 months, during which the FTC could no longer initiate new antitrust investigations or enforcement actions. The bill would also make technical amendments to various laws to replace references to the FTC with references to the DOJ in antitrust contexts. This consolidation aims to eliminate overlapping enforcement jurisdiction between the two agencies and improve efficiency in antitrust enforcement.