HR384 moves all antitrust duties from the FTC to the DOJ. Affects big businesses and antitrust staff as DOJ gains full control.
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One Agency Act is a House bill in committee. The latest recorded action: Referred to the House Committee on the Judiciary.
Latest action on H.R. 384: Referred to the House Committee on the Judiciary.
Who this affects: The One Agency Act impacts various groups, primarily businesses and government employees. It centralizes antitrust enforcement under the DOJ, affecting how businesses are monitored and investigated. The transfer also impacts FTC employees who work in antitrust roles, as they will move to the DOJ.
Why this matters: The One Agency Act could significantly impact how antitrust laws are enforced in the U.S. By consolidating power under the DOJ, the bill aims to streamline enforcement and reduce duplication between agencies. This could lead to faster decisions on mergers and acquisitions, affecting market competition and consumer prices. However, there are concerns that the DOJ's focus on criminal cases might weaken civil enforcement, potentially reducing oversight of competitive practices.
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