Senate Bill Would Fold FTC Antitrust Enforcement Under DOJ
Senate Antitrust Subcommittee Chairman Mike Lee, R-Utah, introduced legislation Thursday that would fold FTC antitrust enforcement and resources into DOJ. The One Agency Act would remove FTC's “unfair methods of competition” authority and relocate commission personnel to DOJ. “When no…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
one knows who is in charge, bad things happen, and sophisticated players like Facebook, Twitter, and Google ... can game the system to their own advantage, and thereby avoid accountability for engaging in anticompetitive behavior,” said Lee, calling DOJ “more politically accountable” than the FTC. The agencies didn’t comment.