One Agency Act

Summary

Transfers primary federal antitrust enforcement from the Federal Trade Commission (FTC) to the Department of Justice (DOJ). It moves FTC antitrust investigations, litigation, employees, records, funding, and related statutory consult/concurrence duties to the Attorney General, establishes a transition period for the transfer, and restricts the FTC from opening most new §5 unfair-competition actions after the effective date.

• Shifts primary federal antitrust enforcement responsibility from the FTC to the DOJ.
• Transfers FTC antitrust investigations, litigation, employees, records, equipment, and designated funding to DOJ.
• Bars the FTC from opening most new §5 unfair-competition investigations after the effective date unless the Attorney General approves.
• Attorney General gains sole authority to enforce, modify, or rescind FTC-originated antitrust consent decrees after the transition.
• Transfers statutory consultation/concurrence duties that required FTC input to the Attorney General and preserves DOJ premerger requirements.
• Transition period begins on the effective date, lasts at least one year (with provisions allowing up to ~18 months plus a possible 180-day AG extension).
• DOJ may use FTC office space temporarily and may restructure its Antitrust Division before transition completion.
• Ongoing FTC cases, appeals, and consent-decree matters at the start of transition must be maintained and cannot be disrupted by DOJ resource shifts.