WASHINGTON, D.C. – This week, U.S. Senators Thom Tillis (R-NC) and Mike Lee (R-UT) reintroduced the One Agency Act, legislation that would improve antitrust enforcement by putting all antitrust enforcement under one roof at the Department of Justice. This bill will ensure that antitrust enforcement is conducted by a politically accountable branch of government and not by unelected, partisan bureaucrats at the Federal Trade Commission.
“I’m a strong proponent of antitrust enforcement, especially in the case of intellectual property protections,” said Senator Tillis. “Antitrust has a valuable role to play in ensuring that Big Tech companies like Google, Facebook, and Twitter can’t simply use their market power to steal creators’ content. But our current antitrust enforcement system—split between the Department of Justice and the Federal Trade Commission—simply isn’t working anymore. It hasn’t been for years. For too long, unelected and unaccountable bureaucrats at the FTC have pursued overly partisan enforcement actions which are entirely disconnected from economic reality. It’s past time that antitrust enforcement is handled solely by a politically accountable entity. I am proud to work with my colleagues on this long-overdue bill to ensure proper enforcement of antitrust laws through an improved, more streamlined process.”
Read the full bill text here.
“I’m a strong proponent of antitrust enforcement, especially in the case of intellectual property protections,” said Senator Tillis. “Antitrust has a valuable role to play in ensuring that Big Tech companies like Google, Facebook, and Twitter can’t simply use their market power to steal creators’ content. But our current antitrust enforcement system—split between the Department of Justice and the Federal Trade Commission—simply isn’t working anymore. It hasn’t been for years. For too long, unelected and unaccountable bureaucrats at the FTC have pursued overly partisan enforcement actions which are entirely disconnected from economic reality. It’s past time that antitrust enforcement is handled solely by a politically accountable entity. I am proud to work with my colleagues on this long-overdue bill to ensure proper enforcement of antitrust laws through an improved, more streamlined process.”
Read the full bill text here.
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