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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 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.