| 1 | 1 | | II |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION S. 1059 |
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| 5 | 5 | | To transfer antitrust enforcement from the Federal Trade Commission to |
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| 6 | 6 | | the Department of Justice, and for other purposes. |
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| 7 | 7 | | IN THE SENATE OF THE UNITED STATES |
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| 8 | 8 | | MARCH13, 2025 |
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| 9 | 9 | | Mr. L |
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| 10 | 10 | | EE(for himself, Mr. TILLIS, Ms. LUMMIS, Mr. KENNEDY, and Mr. |
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| 11 | 11 | | S |
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| 12 | 12 | | COTTof Florida) introduced the following bill; which was read twice and |
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| 13 | 13 | | referred to the Committee on the Judiciary |
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| 14 | 14 | | A BILL |
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| 15 | 15 | | To transfer antitrust enforcement from the Federal Trade |
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| 16 | 16 | | Commission to the Department of Justice, and for other |
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| 17 | 17 | | purposes. |
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| 18 | 18 | | Be it enacted by the Senate and House of Representa-1 |
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| 19 | 19 | | tives of the United States of America in Congress assembled, 2 |
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| 20 | 20 | | SECTION 1. SHORT TITLE. 3 |
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| 21 | 21 | | This Act may be cited as the ‘‘One Agency Act’’. 4 |
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| 22 | 22 | | SEC. 2. FINDINGS. 5 |
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| 23 | 23 | | Congress finds the following: 6 |
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| 24 | 24 | | (1) It is the policy of the United States to pro-7 |
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| 25 | 25 | | mote the vigorous, effective, and efficient enforce-8 |
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| 26 | 26 | | ment of the antitrust laws. 9 |
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| 29 | 29 | | •S 1059 IS |
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| 30 | 30 | | (2) The overlapping antitrust enforcement ju-1 |
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| 31 | 31 | | risdiction of the Department of Justice and the Fed-2 |
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| 32 | 32 | | eral Trade Commission has wasted taxpayer re-3 |
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| 33 | 33 | | sources, hampered enforcement efforts, and caused 4 |
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| 34 | 34 | | uncertainty for businesses and consumers in the 5 |
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| 35 | 35 | | United States. 6 |
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| 36 | 36 | | (3) It is preferable that primary Federal re-7 |
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| 37 | 37 | | sponsibility for enforcing the antitrust laws of the 8 |
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| 38 | 38 | | United States be given to a single entity, and the 9 |
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| 39 | 39 | | Department of Justice is best suited to do so. 10 |
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| 40 | 40 | | SEC. 3. DEFINITIONS. 11 |
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| 41 | 41 | | In this Act: 12 |
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| 42 | 42 | | (1) A |
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| 43 | 43 | | NTITRUST LAWS.—The term ‘‘antitrust 13 |
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| 44 | 44 | | laws’’ means— 14 |
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| 45 | 45 | | (A) the Sherman Act (15 U.S.C. 1 et seq.); 15 |
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| 46 | 46 | | and 16 |
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| 47 | 47 | | (B) the Clayton Act (15 U.S.C. 12 et 17 |
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| 48 | 48 | | seq.). 18 |
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| 49 | 49 | | (2) E |
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| 50 | 50 | | FFECTIVE DATE.—The term ‘‘effective 19 |
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| 51 | 51 | | date’’ means the date described in section 7. 20 |
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| 52 | 52 | | (3) FTC.—The term ‘‘FTC’’ means the Fed-21 |
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| 53 | 53 | | eral Trade Commission. 22 |
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| 54 | 54 | | (4) FTC |
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| 55 | 55 | | ANTITRUST ACTION.—The term ‘‘FTC 23 |
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| 56 | 56 | | antitrust action’’ means any investigation, litigation, 24 |
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| 59 | 59 | | •S 1059 IS |
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| 60 | 60 | | administrative proceeding, or other action of the 1 |
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| 61 | 61 | | FTC that— 2 |
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| 62 | 62 | | (A) is supervised by an FTC antitrust 3 |
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| 63 | 63 | | unit; or 4 |
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| 64 | 64 | | (B) relates to the antitrust laws or unfair 5 |
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| 65 | 65 | | methods of competition under section 5 of the 6 |
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| 66 | 66 | | Federal Trade Commission Act (15 U.S.C. 45), 7 |
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| 67 | 67 | | as in effect on the day before the effective date. 8 |
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| 68 | 68 | | (5) FTC |
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| 69 | 69 | | ANTITRUST ASSETS.—The term ‘‘FTC 9 |
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| 70 | 70 | | antitrust assets’’— 10 |
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| 71 | 71 | | (A) means all electronic or tangible records 11 |
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| 72 | 72 | | and files relating to matters supervised, as well 12 |
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| 73 | 73 | | as any physical assets or equipment owned and 13 |
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| 74 | 74 | | used or retained, by an FTC antitrust unit; and 14 |
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| 75 | 75 | | (B) does not include any office space or 15 |
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| 76 | 76 | | leased facilities or equipment. 16 |
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| 77 | 77 | | (6) FTC |
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| 78 | 78 | | ANTITRUST EMPLOYEE .—The term 17 |
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| 79 | 79 | | ‘‘FTC antitrust employee’’ means an individual who 18 |
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| 80 | 80 | | on the day before the effective date is employed by 19 |
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| 81 | 81 | | the FTC and assigned to an FTC antitrust unit. 20 |
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| 82 | 82 | | (7) FTC |
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| 83 | 83 | | ANTITRUST FUNDING .—The term 21 |
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| 84 | 84 | | ‘‘FTC antitrust funding’’ means all amounts appro-22 |
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| 85 | 85 | | priated before the effective date by an Act of Con-23 |
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| 86 | 86 | | gress to the FTC that are designated, by Congress 24 |
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| 87 | 87 | | or the FTC for an FTC antitrust unit. 25 |
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| 90 | 90 | | •S 1059 IS |
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| 91 | 91 | | (8) FTC ANTITRUST UNIT.—The term ‘‘FTC 1 |
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| 92 | 92 | | antitrust unit’’ means— 2 |
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| 93 | 93 | | (A) the Bureau of Competition of the 3 |
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| 94 | 94 | | FTC; and 4 |
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| 95 | 95 | | (B) each division of the Bureau of Eco-5 |
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| 96 | 96 | | nomics of the FTC that is designated to work 6 |
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| 97 | 97 | | on FTC antitrust actions. 7 |
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| 98 | 98 | | (9) T |
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| 99 | 99 | | RANSITION PERIOD.—The term ‘‘transi-8 |
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| 100 | 100 | | tion period’’ means the period beginning on the ef-9 |
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| 101 | 101 | | fective date and ending on the later of— 10 |
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| 102 | 102 | | (A) the date that is 1 year after the effec-11 |
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| 103 | 103 | | tive date; or 12 |
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| 104 | 104 | | (B) the date that is 180 days after the 13 |
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| 105 | 105 | | date described in subparagraph (A), which may 14 |
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| 106 | 106 | | be extended by the Attorney General once for 15 |
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| 107 | 107 | | an additional 180 days, if the Attorney General 16 |
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| 108 | 108 | | determines that a period longer than the period 17 |
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| 109 | 109 | | described in subparagraph (A) is necessary to 18 |
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| 110 | 110 | | avoid harm to the interests of the United States 19 |
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| 111 | 111 | | or the effective enforcement of the antitrust 20 |
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| 112 | 112 | | laws. 21 |
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| 113 | 113 | | SEC. 4. TRANSFER OF ANTITRUST ENFORCEMENT FUNC-22 |
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| 114 | 114 | | TIONS FROM THE FTC TO THE DEPARTMENT 23 |
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| 115 | 115 | | OF JUSTICE. 24 |
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| 116 | 116 | | (a) T |
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| 117 | 117 | | RANSFER OFACTIONS.— 25 |
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| 120 | 120 | | •S 1059 IS |
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| 121 | 121 | | (1) IN GENERAL.—There shall be transferred to 1 |
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| 122 | 122 | | the Attorney General all FTC antitrust actions, 2 |
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| 123 | 123 | | FTC antitrust employees, FTC antitrust assets, and 3 |
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| 124 | 124 | | FTC antitrust funding on the earlier of— 4 |
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| 125 | 125 | | (A) the date determined by the Attorney 5 |
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| 126 | 126 | | General under paragraph (2)(B); or 6 |
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| 127 | 127 | | (B) the end of the transition period. 7 |
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| 128 | 128 | | (2) R |
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| 129 | 129 | | EQUIREMENT.—The Attorney General, 8 |
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| 130 | 130 | | taking care to minimize disruption to ongoing en-9 |
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| 131 | 131 | | forcement matters and in consultation as necessary 10 |
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| 132 | 132 | | with the Office of Personnel Management, the Gen-11 |
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| 133 | 133 | | eral Services Administration, and the Chairman of 12 |
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| 134 | 134 | | the FTC, shall— 13 |
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| 135 | 135 | | (A) take all necessary actions to complete 14 |
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| 136 | 136 | | implementation of this Act before the end of the 15 |
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| 137 | 137 | | transition period; and 16 |
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| 138 | 138 | | (B) determine the dates certain, which 17 |
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| 139 | 139 | | may not be earlier than the effective date nor 18 |
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| 140 | 140 | | later than the end of the transition period, on 19 |
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| 141 | 141 | | which the transfers under paragraph (1) shall 20 |
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| 142 | 142 | | occur. 21 |
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| 143 | 143 | | (3) P |
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| 144 | 144 | | ERSONNEL.— 22 |
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| 145 | 145 | | (A) A |
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| 146 | 146 | | SSIGNMENT.—An FTC antitrust em-23 |
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| 147 | 147 | | ployee transferred to the Department of Justice 24 |
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| 150 | 150 | | •S 1059 IS |
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| 151 | 151 | | under this Act shall be assigned to the Anti-1 |
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| 152 | 152 | | trust Division of the Department of Justice. 2 |
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| 153 | 153 | | (B) O |
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| 154 | 154 | | FFICE SPACE.—On the request of the 3 |
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| 155 | 155 | | Attorney General, and in consultation as nec-4 |
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| 156 | 156 | | essary with the General Services Administra-5 |
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| 157 | 157 | | tion, the FTC shall allow the Department of 6 |
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| 158 | 158 | | Justice to use any office space or leased facili-7 |
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| 159 | 159 | | ties previously used by FTC antitrust employees 8 |
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| 160 | 160 | | until such time as the Department of Justice 9 |
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| 161 | 161 | | may provide office space or facilities. After the 10 |
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| 162 | 162 | | transfer of FTC antitrust funding to the De-11 |
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| 163 | 163 | | partment of Justice, the Department of Justice 12 |
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| 164 | 164 | | shall compensate the FTC for the costs of the 13 |
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| 165 | 165 | | use of such office space or leased facilities. 14 |
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| 166 | 166 | | (C) R |
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| 167 | 167 | | ESTRUCTURING.—Notwithstanding 15 |
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| 168 | 168 | | any other provision of law, the Attorney Gen-16 |
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| 169 | 169 | | eral is authorized to restructure the Antitrust 17 |
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| 170 | 170 | | Division of the Department of Justice before 18 |
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| 171 | 171 | | the expiration of the transition period, as the 19 |
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| 172 | 172 | | Attorney General determines is appropriate, to 20 |
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| 173 | 173 | | carry out the purposes of this Act and accom-21 |
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| 174 | 174 | | plish the efficient enforcement of the antitrust 22 |
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| 175 | 175 | | laws. 23 |
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| 176 | 176 | | (4) A |
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| 177 | 177 | | NTITRUST ACTIONS.— 24 |
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| 180 | 180 | | •S 1059 IS |
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| 181 | 181 | | (A) IN GENERAL.—As soon as is reason-1 |
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| 182 | 182 | | ably practicable during the transition period, all 2 |
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| 183 | 183 | | open investigations, studies, litigations, matters, 3 |
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| 184 | 184 | | or other proceedings being supervised by an 4 |
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| 185 | 185 | | FTC antitrust unit and relating to the antitrust 5 |
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| 186 | 186 | | laws or unfair methods of competition under 6 |
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| 187 | 187 | | section 5 of the Federal Trade Commission Act 7 |
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| 188 | 188 | | (15 U.S.C. 45), as in effect on the day before 8 |
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| 189 | 189 | | the effective date, shall be transferred to and 9 |
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| 190 | 190 | | assumed by the Department of Justice. 10 |
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| 191 | 191 | | (B) H |
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| 192 | 192 | | ANDLING OF FTC ANTITRUST AC -11 |
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| 193 | 193 | | TIONS.—Any FTC antitrust action that was ini-12 |
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| 194 | 194 | | tiated by the FTC and was unresolved as of the 13 |
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| 195 | 195 | | first day of the transition period shall be con-14 |
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| 196 | 196 | | tinued as the Attorney General determines is 15 |
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| 197 | 197 | | appropriate. The FTC shall have the power to 16 |
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| 198 | 198 | | deputize former FTC antitrust employees, with 17 |
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| 199 | 199 | | the consent of the Attorney General, to con-18 |
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| 200 | 200 | | tinue such FTC antitrust actions. 19 |
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| 201 | 201 | | (C) I |
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| 202 | 202 | | NTERVENTION.—Any FTC antitrust 20 |
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| 203 | 203 | | action before a court of the United States that 21 |
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| 204 | 204 | | was initiated by the FTC and was unresolved as 22 |
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| 205 | 205 | | of the first day of the transition period, shall be 23 |
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| 206 | 206 | | continued as the Attorney General determines 24 |
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| 207 | 207 | | is appropriate. The FTC shall have the power 25 |
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| 210 | 210 | | •S 1059 IS |
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| 211 | 211 | | to deputize former FTC antitrust employees, 1 |
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| 212 | 212 | | with the consent of the Attorney General, to 2 |
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| 213 | 213 | | continue such FTC antitrust actions. 3 |
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| 214 | 214 | | (D) C |
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| 215 | 215 | | ONSENT DECREES.— 4 |
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| 216 | 216 | | (i) I |
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| 217 | 217 | | N GENERAL.—At the end of the 5 |
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| 218 | 218 | | transition period, the Attorney General 6 |
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| 219 | 219 | | shall have sole authority to receive all re-7 |
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| 220 | 220 | | ports as required under, enforce violations 8 |
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| 221 | 221 | | of, approve modifications to, or rescind any 9 |
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| 222 | 222 | | consent decree entered into by the FTC 10 |
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| 223 | 223 | | before the effective date that concerns con-11 |
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| 224 | 224 | | duct alleged to violate the antitrust laws or 12 |
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| 225 | 225 | | unfair methods of competition under sec-13 |
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| 226 | 226 | | tion 5 of the Federal Trade Commission 14 |
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| 227 | 227 | | Act (15 U.S.C. 45), as in effect on the day 15 |
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| 228 | 228 | | before the effective date. 16 |
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| 229 | 229 | | (ii) A |
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| 230 | 230 | | DMINISTRATIVE ENFORCE -17 |
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| 231 | 231 | | MENT.—If determined necessary by the 18 |
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| 232 | 232 | | FTC and the Attorney General, the FTC 19 |
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| 233 | 233 | | shall have the power to deputize former 20 |
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| 234 | 234 | | FTC antitrust employees, with the consent 21 |
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| 235 | 235 | | of the Attorney General, to enforce and ne-22 |
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| 236 | 236 | | gotiate modifications of FTC consent de-23 |
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| 237 | 237 | | crees in effect on the day before the effec-24 |
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| 240 | 240 | | •S 1059 IS |
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| 241 | 241 | | tive date in the administrative process of 1 |
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| 242 | 242 | | the FTC. 2 |
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| 243 | 243 | | (5) A |
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| 244 | 244 | | UTHORITY TO CONDUCT INVESTIGATIVE 3 |
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| 245 | 245 | | STUDIES.— 4 |
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| 246 | 246 | | (A) R |
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| 247 | 247 | | EPORTS OF PERSONS , PARTNER-5 |
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| 248 | 248 | | SHIPS, AND CORPORATIONS.— 6 |
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| 249 | 249 | | (i) I |
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| 250 | 250 | | N GENERAL.—The Attorney Gen-7 |
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| 251 | 251 | | eral may require, by general or special or-8 |
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| 252 | 252 | | ders, persons, partnerships, and corpora-9 |
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| 253 | 253 | | tions, engaged in or whose business affects 10 |
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| 254 | 254 | | commerce to file with the Attorney General 11 |
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| 255 | 255 | | in such form as the Attorney General may 12 |
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| 256 | 256 | | prescribe annual or special reports or an-13 |
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| 257 | 257 | | swers in writing to specific questions, fur-14 |
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| 258 | 258 | | nishing to the Attorney General such infor-15 |
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| 259 | 259 | | mation as the Attorney General may re-16 |
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| 260 | 260 | | quire as to the organization, business, con-17 |
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| 261 | 261 | | duct, practices, management, and relation 18 |
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| 262 | 262 | | to other corporations, partnerships, and in-19 |
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| 263 | 263 | | dividuals of the respective persons, part-20 |
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| 264 | 264 | | nerships, and corporations filing such re-21 |
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| 265 | 265 | | ports or answers in writing. 22 |
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| 266 | 266 | | (ii) O |
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| 267 | 267 | | ATH.—Reports and answers re-23 |
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| 268 | 268 | | quired under clause (i) shall— 24 |
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| 271 | 271 | | •S 1059 IS |
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| 272 | 272 | | (I) be made under oath or other-1 |
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| 273 | 273 | | wise as the Attorney General may pre-2 |
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| 274 | 274 | | scribe; 3 |
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| 275 | 275 | | (II) pertain solely to competition 4 |
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| 276 | 276 | | or the application of the antitrust 5 |
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| 277 | 277 | | laws; and 6 |
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| 278 | 278 | | (III) be filed with the Attorney 7 |
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| 279 | 279 | | General within such reasonable period 8 |
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| 280 | 280 | | as the Attorney General may pre-9 |
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| 281 | 281 | | scribe, unless additional time be 10 |
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| 282 | 282 | | granted in any case by the Attorney 11 |
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| 283 | 283 | | General. 12 |
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| 284 | 284 | | (B) P |
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| 285 | 285 | | UBLICATION OF INFORMATION OR 13 |
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| 286 | 286 | | REPORTS.— 14 |
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| 287 | 287 | | (i) I |
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| 288 | 288 | | N GENERAL.—Except as provided 15 |
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| 289 | 289 | | in clause (ii), the Attorney General— 16 |
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| 290 | 290 | | (I) shall make public from time 17 |
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| 291 | 291 | | to time such portions of the informa-18 |
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| 292 | 292 | | tion obtained by the Attorney General 19 |
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| 293 | 293 | | under this paragraph as are in the 20 |
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| 294 | 294 | | public interest; 21 |
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| 295 | 295 | | (II) may make annual and spe-22 |
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| 296 | 296 | | cial reports to Congress that include 23 |
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| 297 | 297 | | recommendations for additional legis-24 |
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| 298 | 298 | | lation; and 25 |
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| 301 | 301 | | •S 1059 IS |
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| 302 | 302 | | (III) shall provide for the publi-1 |
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| 303 | 303 | | cation of reports and decisions of the 2 |
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| 304 | 304 | | Attorney General in such form and 3 |
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| 305 | 305 | | manner as may be best adapted for 4 |
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| 306 | 306 | | public information and use. 5 |
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| 307 | 307 | | (ii) P |
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| 308 | 308 | | ROHIBITION AGAINST PUBLICA -6 |
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| 309 | 309 | | TION OF PRIVILEGED OR CONFIDENTIAL 7 |
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| 310 | 310 | | INFORMATION.— 8 |
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| 311 | 311 | | (I) I |
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| 312 | 312 | | N GENERAL.—Except as pro-9 |
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| 313 | 313 | | vided in subclause (II), the Attorney 10 |
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| 314 | 314 | | General shall not make public any 11 |
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| 315 | 315 | | trade secret or any commercial or fi-12 |
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| 316 | 316 | | nancial information that is obtained 13 |
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| 317 | 317 | | from any person and that is privileged 14 |
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| 318 | 318 | | or confidential. 15 |
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| 319 | 319 | | (II) E |
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| 320 | 320 | | XCEPTION.—The Attorney 16 |
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| 321 | 321 | | General may disclose information de-17 |
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| 322 | 322 | | scribed in subclause (I) to— 18 |
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| 323 | 323 | | (aa) officers and employees 19 |
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| 324 | 324 | | of appropriate Federal law en-20 |
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| 325 | 325 | | forcement agencies or to any offi-21 |
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| 326 | 326 | | cer or employee of any State law 22 |
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| 327 | 327 | | enforcement agency upon the 23 |
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| 328 | 328 | | prior certification of an officer of 24 |
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| 329 | 329 | | any such Federal or State law 25 |
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| 332 | 332 | | •S 1059 IS |
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| 333 | 333 | | enforcement agency that such in-1 |
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| 334 | 334 | | formation will be maintained in 2 |
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| 335 | 335 | | confidence and will be used only 3 |
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| 336 | 336 | | for official law enforcement pur-4 |
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| 337 | 337 | | poses; or 5 |
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| 338 | 338 | | (bb) any officer or employee 6 |
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| 339 | 339 | | of any foreign law enforcement 7 |
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| 340 | 340 | | agency under the same cir-8 |
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| 341 | 341 | | cumstances that making material 9 |
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| 342 | 342 | | available to foreign law enforce-10 |
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| 343 | 343 | | ment agencies is permitted under 11 |
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| 344 | 344 | | section 21(b) of the Federal 12 |
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| 345 | 345 | | Trade Commission Act (15 13 |
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| 346 | 346 | | U.S.C. 57b–2(b)). 14 |
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| 347 | 347 | | (6) B |
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| 348 | 348 | | ENEFIT OF ANTITRUST DIVISION .—All 15 |
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| 349 | 349 | | FTC antitrust assets and FTC antitrust funding 16 |
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| 350 | 350 | | transferred under this subsection shall be for the ex-17 |
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| 351 | 351 | | clusive use and benefit of the Antitrust Division of 18 |
|---|
| 352 | 352 | | the Department of Justice, except to the extent the 19 |
|---|
| 353 | 353 | | FTC deputizes former FTC antitrust employees, 20 |
|---|
| 354 | 354 | | with the consent of the Attorney General, to con-21 |
|---|
| 355 | 355 | | tinue any FTC antitrust actions that are ongoing 22 |
|---|
| 356 | 356 | | and unresolved before the effective date. 23 |
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| 357 | 357 | | (b) T |
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| 358 | 358 | | RANSITIONPERIOD.— 24 |
|---|
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| 361 | 361 | | •S 1059 IS |
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| 362 | 362 | | (1) IN GENERAL.—Except as provided in para-1 |
|---|
| 363 | 363 | | graph (2), beginning on the effective date, the FTC 2 |
|---|
| 364 | 364 | | may not— 3 |
|---|
| 365 | 365 | | (A) hire or assign an employee to an FTC 4 |
|---|
| 366 | 366 | | antitrust unit; 5 |
|---|
| 367 | 367 | | (B) open a new investigation or matter 6 |
|---|
| 368 | 368 | | within an FTC antitrust unit or relating to the 7 |
|---|
| 369 | 369 | | antitrust laws or unfair methods of competition 8 |
|---|
| 370 | 370 | | under section 5 of the Federal Trade Commis-9 |
|---|
| 371 | 371 | | sion Act; 10 |
|---|
| 372 | 372 | | (C) without the approval of the Attorney 11 |
|---|
| 373 | 373 | | General, enter into a consent decree, enter into 12 |
|---|
| 374 | 374 | | a settlement agreement, or otherwise resolve an 13 |
|---|
| 375 | 375 | | FTC antitrust action; or 14 |
|---|
| 376 | 376 | | (D) initiate a new FTC antitrust action. 15 |
|---|
| 377 | 377 | | (2) E |
|---|
| 378 | 378 | | NFORCEMENT ON BEHALF OF THE DE -16 |
|---|
| 379 | 379 | | PARTMENT OF JUSTICE .—Notwithstanding para-17 |
|---|
| 380 | 380 | | graph (1), during the transition period, the Attorney 18 |
|---|
| 381 | 381 | | General may deputize an FTC antitrust employee to 19 |
|---|
| 382 | 382 | | investigate or prosecute an alleged violation of the 20 |
|---|
| 383 | 383 | | antitrust laws on behalf of the Department of Jus-21 |
|---|
| 384 | 384 | | tice before the completion of the transfer of per-22 |
|---|
| 385 | 385 | | sonnel under subsection (a). 23 |
|---|
| 386 | 386 | | (3) S |
|---|
| 387 | 387 | | AME RIGHTS AND OBLIGATIONS .— 24 |
|---|
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| 390 | 390 | | •S 1059 IS |
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| 391 | 391 | | (A) IN GENERAL.—Notwithstanding any 1 |
|---|
| 392 | 392 | | other provision of law, during the transition pe-2 |
|---|
| 393 | 393 | | riod all Department of Justice employees under 3 |
|---|
| 394 | 394 | | the supervision of the Attorney General shall 4 |
|---|
| 395 | 395 | | have the same rights and obligations with re-5 |
|---|
| 396 | 396 | | spect to confidential information submitted to 6 |
|---|
| 397 | 397 | | the FTC as FTC antitrust employees on the 7 |
|---|
| 398 | 398 | | day before the effective date. 8 |
|---|
| 399 | 399 | | (B) R |
|---|
| 400 | 400 | | ULE OF CONSTRUCTION .—Nothing in 9 |
|---|
| 401 | 401 | | this paragraph may be construed as implying 10 |
|---|
| 402 | 402 | | any change to the rights and obligations de-11 |
|---|
| 403 | 403 | | scribed in subparagraph (A) as a result of this 12 |
|---|
| 404 | 404 | | Act. 13 |
|---|
| 405 | 405 | | (c) A |
|---|
| 406 | 406 | | GREEMENTS.—The Attorney General, in con-14 |
|---|
| 407 | 407 | | sultation with the Chairman of the FTC, shall— 15 |
|---|
| 408 | 408 | | (1) review any agreements between the FTC 16 |
|---|
| 409 | 409 | | and any other Federal agency or any foreign law en-17 |
|---|
| 410 | 410 | | forcement agency; and 18 |
|---|
| 411 | 411 | | (2) before the end of the transition period, seek 19 |
|---|
| 412 | 412 | | to amend, transfer, or rescind such agreements as 20 |
|---|
| 413 | 413 | | necessary and appropriate to carry out this Act, en-21 |
|---|
| 414 | 414 | | deavoring to complete such amendment, transfer, or 22 |
|---|
| 415 | 415 | | rescindment with all due haste. 23 |
|---|
| 416 | 416 | | (d) R |
|---|
| 417 | 417 | | ULES.—The Attorney General shall, pursuant 24 |
|---|
| 418 | 418 | | to section 7A of the Clayton Act (15 U.S.C. 18a) and in 25 |
|---|
| 419 | 419 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00014 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 420 | 420 | | ssavage on LAPJG3WLY3PROD with BILLS 15 |
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| 421 | 421 | | •S 1059 IS |
|---|
| 422 | 422 | | accordance with section 553 of title 5, United States Code, 1 |
|---|
| 423 | 423 | | prescribe or amend any rules as necessary to carry out 2 |
|---|
| 424 | 424 | | the Clayton Act. 3 |
|---|
| 425 | 425 | | SEC. 5. TRANSFER OF FUNCTIONS. 4 |
|---|
| 426 | 426 | | (a) I |
|---|
| 427 | 427 | | NGENERAL.—Any requirement that an agency 5 |
|---|
| 428 | 428 | | of the executive branch or an independent agency consult 6 |
|---|
| 429 | 429 | | with or seek the concurrence of the FTC or the Chairman 7 |
|---|
| 430 | 430 | | of the FTC, where such requirement relates to the anti-8 |
|---|
| 431 | 431 | | trust laws or unfair methods of competition under section 9 |
|---|
| 432 | 432 | | 5 of the Federal Trade Commission Act (15 U.S.C. 45) 10 |
|---|
| 433 | 433 | | as in effect on the day before the effective date, shall be 11 |
|---|
| 434 | 434 | | deemed transferred from the FTC or the Chairman of the 12 |
|---|
| 435 | 435 | | FTC to the Department of Justice or the Attorney Gen-13 |
|---|
| 436 | 436 | | eral. 14 |
|---|
| 437 | 437 | | (b) P |
|---|
| 438 | 438 | | REMERGERNOTIFICATIONFILINGS.— 15 |
|---|
| 439 | 439 | | (1) FTC |
|---|
| 440 | 440 | | PREMERGER NOTIFICATION FIL -16 |
|---|
| 441 | 441 | | INGS.—With respect to any requirement that an 17 |
|---|
| 442 | 442 | | agency or entity provide notification to the FTC, 18 |
|---|
| 443 | 443 | | where such requirement relates to the antitrust laws 19 |
|---|
| 444 | 444 | | or unfair methods of competition under section 5 of 20 |
|---|
| 445 | 445 | | the Federal Trade Commission Act (15 U.S.C. 45) 21 |
|---|
| 446 | 446 | | as in effect on the day before the effective date, that 22 |
|---|
| 447 | 447 | | notification shall be submitted to the Attorney Gen-23 |
|---|
| 448 | 448 | | eral. 24 |
|---|
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| 451 | 451 | | •S 1059 IS |
|---|
| 452 | 452 | | (2) DEPARTMENT OF JUSTICE PREMERGER NO -1 |
|---|
| 453 | 453 | | TIFICATION FILINGS.—Nothing in paragraph (1) 2 |
|---|
| 454 | 454 | | may be construed as implying any change to the re-3 |
|---|
| 455 | 455 | | quirement for any required notification to the Attor-4 |
|---|
| 456 | 456 | | ney General. 5 |
|---|
| 457 | 457 | | (c) E |
|---|
| 458 | 458 | | XISTINGLITIGATION ORAPPEALS.—Notwith-6 |
|---|
| 459 | 459 | | standing any other provision of law, the Attorney General 7 |
|---|
| 460 | 460 | | shall not deny resources to the FTC or otherwise disrupt 8 |
|---|
| 461 | 461 | | existing litigation or appeals that are ongoing on the day 9 |
|---|
| 462 | 462 | | before the effective date. 10 |
|---|
| 463 | 463 | | (d) F |
|---|
| 464 | 464 | | UTUREACTIONS OFATTORNEYGENERAL.— 11 |
|---|
| 465 | 465 | | Notwithstanding any other provision of law, nothing in 12 |
|---|
| 466 | 466 | | this Act may be construed to limit the powers of the Attor-13 |
|---|
| 467 | 467 | | ney General to enforce the antitrust laws. 14 |
|---|
| 468 | 468 | | (e) F |
|---|
| 469 | 469 | | UTUREACTIONS OF THE FTC.—Notwith-15 |
|---|
| 470 | 470 | | standing any other provision of law, the FTC shall not 16 |
|---|
| 471 | 471 | | open a new investigation or begin an enforcement action 17 |
|---|
| 472 | 472 | | that relates to the antitrust laws or unfair methods of 18 |
|---|
| 473 | 473 | | competition under section 5 of the Federal Trade Commis-19 |
|---|
| 474 | 474 | | sion Act (15 U.S.C. 45), except as explicitly allowed under 20 |
|---|
| 475 | 475 | | this Act with the approval of the Attorney General and 21 |
|---|
| 476 | 476 | | relating to an investigation, litigation, appeal, or consent 22 |
|---|
| 477 | 477 | | decree that was ongoing or in place on the day before the 23 |
|---|
| 478 | 478 | | effective date. 24 |
|---|
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| 481 | 481 | | •S 1059 IS |
|---|
| 482 | 482 | | SEC. 6. TECHNICAL AND CONFORMING AMENDMENTS. 1 |
|---|
| 483 | 483 | | (a) C |
|---|
| 484 | 484 | | LAYTONACT.—The Clayton Act (15 U.S.C. 12 2 |
|---|
| 485 | 485 | | et seq.) is amended— 3 |
|---|
| 486 | 486 | | (1) in section 2 (15 U.S.C. 13)— 4 |
|---|
| 487 | 487 | | (A) in subsection (a), by striking ‘‘Federal 5 |
|---|
| 488 | 488 | | Trade Commission’’ and inserting ‘‘Attorney 6 |
|---|
| 489 | 489 | | General of the United States’’; and 7 |
|---|
| 490 | 490 | | (B) in subsection (b), by striking ‘‘Com-8 |
|---|
| 491 | 491 | | mission’’ and inserting ‘‘Attorney General of 9 |
|---|
| 492 | 492 | | the United States’’; 10 |
|---|
| 493 | 493 | | (2) in section 5(a) (15 U.S.C. 16(a)), in the 11 |
|---|
| 494 | 494 | | second sentence, by striking ‘‘, except that, in any 12 |
|---|
| 495 | 495 | | action or proceeding brought under the antitrust 13 |
|---|
| 496 | 496 | | laws, collateral estoppel effect shall not be given to 14 |
|---|
| 497 | 497 | | any finding made by the Federal Trade Commission 15 |
|---|
| 498 | 498 | | under the antitrust laws or under section 5 of the 16 |
|---|
| 499 | 499 | | Federal Trade Commission Act which could give rise 17 |
|---|
| 500 | 500 | | to a claim for relief under the antitrust laws’’; 18 |
|---|
| 501 | 501 | | (3) in section 7 (15 U.S.C. 18)— 19 |
|---|
| 502 | 502 | | (A) in the first undesignated paragraph, by 20 |
|---|
| 503 | 503 | | striking ‘‘and no person subject to the jurisdic-21 |
|---|
| 504 | 504 | | tion of the Federal Trade Commission shall ac-22 |
|---|
| 505 | 505 | | quire the whole or any part of the assets of an-23 |
|---|
| 506 | 506 | | other person engaged also in commerce or in 24 |
|---|
| 507 | 507 | | any activity affecting commerce’’; and 25 |
|---|
| 508 | 508 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00017 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 509 | 509 | | ssavage on LAPJG3WLY3PROD with BILLS 18 |
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| 510 | 510 | | •S 1059 IS |
|---|
| 511 | 511 | | (B) in the second undesignated paragraph, 1 |
|---|
| 512 | 512 | | by striking ‘‘and no person subject to the juris-2 |
|---|
| 513 | 513 | | diction of the Federal Trade Commission shall 3 |
|---|
| 514 | 514 | | acquire the whole or any part of the assets of 4 |
|---|
| 515 | 515 | | one or more persons engaged in commerce or in 5 |
|---|
| 516 | 516 | | any activity affecting commerce’’; 6 |
|---|
| 517 | 517 | | (4) in section 7A (15 U.S.C. 18a)— 7 |
|---|
| 518 | 518 | | (A) in subsection (b)— 8 |
|---|
| 519 | 519 | | (i) in paragraph (1)(A), in the matter 9 |
|---|
| 520 | 520 | | preceding clause (i), by striking ‘‘the Fed-10 |
|---|
| 521 | 521 | | eral Trade Commission and’’; and 11 |
|---|
| 522 | 522 | | (ii) in paragraph (2), by striking 12 |
|---|
| 523 | 523 | | ‘‘Federal Trade Commission and the’’; 13 |
|---|
| 524 | 524 | | (B) in subsection (c)— 14 |
|---|
| 525 | 525 | | (i) in paragraph (6), by striking ‘‘the 15 |
|---|
| 526 | 526 | | Federal Trade Commission and’’; and 16 |
|---|
| 527 | 527 | | (ii) in paragraph (8), by striking ‘‘the 17 |
|---|
| 528 | 528 | | Federal Trade Commission and’’; 18 |
|---|
| 529 | 529 | | (C) in subsection (d)— 19 |
|---|
| 530 | 530 | | (i) in the matter preceding paragraph 20 |
|---|
| 531 | 531 | | (1), by striking ‘‘Federal Trade Commis-21 |
|---|
| 532 | 532 | | sion, with the concurrence of the Attorney 22 |
|---|
| 533 | 533 | | General and’’ and inserting ‘‘Attorney 23 |
|---|
| 534 | 534 | | General of the United States’’; and 24 |
|---|
| 535 | 535 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00018 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 537 | 537 | | •S 1059 IS |
|---|
| 538 | 538 | | (ii) in paragraph (1), by striking ‘‘the 1 |
|---|
| 539 | 539 | | Federal Trade Commission and’’; 2 |
|---|
| 540 | 540 | | (D) in subsection (e)— 3 |
|---|
| 541 | 541 | | (i) in paragraph (1)— 4 |
|---|
| 542 | 542 | | (I) in subparagraph (A), by strik-5 |
|---|
| 543 | 543 | | ing ‘‘Federal Trade Commission or 6 |
|---|
| 544 | 544 | | the’’; and 7 |
|---|
| 545 | 545 | | (II) in subparagraph (B), by 8 |
|---|
| 546 | 546 | | striking ‘‘and the Federal Trade Com-9 |
|---|
| 547 | 547 | | mission shall each’’ and inserting 10 |
|---|
| 548 | 548 | | ‘‘shall’’; and 11 |
|---|
| 549 | 549 | | (ii) in paragraph (2)— 12 |
|---|
| 550 | 550 | | (I) by striking ‘‘Federal Trade 13 |
|---|
| 551 | 551 | | Commission or the’’; 14 |
|---|
| 552 | 552 | | (II) by striking ‘‘its or’’’; 15 |
|---|
| 553 | 553 | | (III) by striking ‘‘the Federal 16 |
|---|
| 554 | 554 | | Trade Commission or’’ each place the 17 |
|---|
| 555 | 555 | | term appears; and 18 |
|---|
| 556 | 556 | | (IV) by striking ‘‘, as the case 19 |
|---|
| 557 | 557 | | may be,’’; 20 |
|---|
| 558 | 558 | | (E) in subsection (f)— 21 |
|---|
| 559 | 559 | | (i) by striking ‘‘the Federal Trade 22 |
|---|
| 560 | 560 | | Commission, alleging that a proposed ac-23 |
|---|
| 561 | 561 | | quisition violates section 7 of this Act or 24 |
|---|
| 562 | 562 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00019 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 564 | 564 | | •S 1059 IS |
|---|
| 565 | 565 | | section 5 of the Federal Trade Commission 1 |
|---|
| 566 | 566 | | Act, or an action is filed by’’; and 2 |
|---|
| 567 | 567 | | (ii) by striking ‘‘the Federal Trade 3 |
|---|
| 568 | 568 | | Commission or’’; 4 |
|---|
| 569 | 569 | | (F) in subsection (g)(2), in the matter fol-5 |
|---|
| 570 | 570 | | lowing subparagraph (C), by striking ‘‘the Fed-6 |
|---|
| 571 | 571 | | eral Trade Commission or’’; 7 |
|---|
| 572 | 572 | | (G) in subsection (h), by striking ‘‘or the 8 |
|---|
| 573 | 573 | | Federal Trade Commission’’; and 9 |
|---|
| 574 | 574 | | (H) in subsection (i)— 10 |
|---|
| 575 | 575 | | (i) in paragraph (1), by striking ‘‘the 11 |
|---|
| 576 | 576 | | Federal Trade Commission or’’ each place 12 |
|---|
| 577 | 577 | | the term appears; and 13 |
|---|
| 578 | 578 | | (ii) in paragraph (2)— 14 |
|---|
| 579 | 579 | | (I) by striking ‘‘or the Federal Trade Com-15 |
|---|
| 580 | 580 | | mission’’; and 16 |
|---|
| 581 | 581 | | (J) by striking ‘‘, the Federal Trade Com-17 |
|---|
| 582 | 582 | | mission Act,’’; and 18 |
|---|
| 583 | 583 | | (5) in section 8(a)(5) (15 U.S.C. 19(a)(5)), in 19 |
|---|
| 584 | 584 | | the second sentence, by striking ‘‘Federal Trade 20 |
|---|
| 585 | 585 | | Commission’’ and inserting ‘‘Attorney General of the 21 |
|---|
| 586 | 586 | | United States’’. 22 |
|---|
| 587 | 587 | | (b) C |
|---|
| 588 | 588 | | HARITABLEGIFTANNUITYANTITRUSTRELIEF 23 |
|---|
| 589 | 589 | | A |
|---|
| 590 | 590 | | CT OF1995.—Section 3(1) of the Charitable Gift Annu-24 |
|---|
| 591 | 591 | | ity Antitrust Relief Act of 1995 (15 U.S.C. 37a(1)) is 25 |
|---|
| 592 | 592 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00020 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 593 | 593 | | ssavage on LAPJG3WLY3PROD with BILLS 21 |
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| 594 | 594 | | •S 1059 IS |
|---|
| 595 | 595 | | amended by striking ‘‘, except that such term includes sec-1 |
|---|
| 596 | 596 | | tion 5 of the Federal Trade Commission Act (15 U.S.C. 2 |
|---|
| 597 | 597 | | 45) to the extent that such section 5 applies to unfair 3 |
|---|
| 598 | 598 | | methods of competition’’. 4 |
|---|
| 599 | 599 | | (c) P |
|---|
| 600 | 600 | | ENSIONFUNDINGEQUITYACT OF2004.—Sec-5 |
|---|
| 601 | 601 | | tion 207(b)(1)(A)(i) of the Pension Funding Equity Act 6 |
|---|
| 602 | 602 | | of 2004 (15 U.S.C. 37b(b)(1)(A)(i)) is amended by strik-7 |
|---|
| 603 | 603 | | ing ‘‘, except that such term includes section 5 of the Fed-8 |
|---|
| 604 | 604 | | eral Trade Commission Act (15 U.S.C. 45) to the extent 9 |
|---|
| 605 | 605 | | such section 5 applies to unfair methods of competition’’. 10 |
|---|
| 606 | 606 | | (d) F |
|---|
| 607 | 607 | | EDERALTRADECOMMISSIONACT.—The Fed-11 |
|---|
| 608 | 608 | | eral Trade Commission Act (15 U.S.C. 41 et seq.) is 12 |
|---|
| 609 | 609 | | amended— 13 |
|---|
| 610 | 610 | | (1) in section 5 (15 U.S.C. 45)— 14 |
|---|
| 611 | 611 | | (A) in subsection (a)— 15 |
|---|
| 612 | 612 | | (i) in paragraph (1), by striking 16 |
|---|
| 613 | 613 | | ‘‘methods of competition in or affecting 17 |
|---|
| 614 | 614 | | commerce, and unfair’’; 18 |
|---|
| 615 | 615 | | (ii) by striking paragraph (3); and 19 |
|---|
| 616 | 616 | | (iii) by redesignating paragraph (4) as 20 |
|---|
| 617 | 617 | | paragraph (3); 21 |
|---|
| 618 | 618 | | (B) in subsection (b)— 22 |
|---|
| 619 | 619 | | (i) in the first sentence, by striking 23 |
|---|
| 620 | 620 | | ‘‘unfair method of competition or’’; and 24 |
|---|
| 621 | 621 | | (ii) in the fifth sentence— 25 |
|---|
| 622 | 622 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00021 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 623 | 623 | | ssavage on LAPJG3WLY3PROD with BILLS 22 |
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| 624 | 624 | | •S 1059 IS |
|---|
| 625 | 625 | | (I) by striking ‘‘the method of 1 |
|---|
| 626 | 626 | | competition or’’; and 2 |
|---|
| 627 | 627 | | (II) by striking ‘‘method of com-3 |
|---|
| 628 | 628 | | petition or such’’; 4 |
|---|
| 629 | 629 | | (C) in subsection (c)— 5 |
|---|
| 630 | 630 | | (i) in the first sentence— 6 |
|---|
| 631 | 631 | | (I) by striking ‘‘method of com-7 |
|---|
| 632 | 632 | | petition or’’; and 8 |
|---|
| 633 | 633 | | (II) by striking ‘‘method of com-9 |
|---|
| 634 | 634 | | petition or the’’; and 10 |
|---|
| 635 | 635 | | (ii) in the third sentence, by striking 11 |
|---|
| 636 | 636 | | ‘‘or to competitors’’; 12 |
|---|
| 637 | 637 | | (D) by striking subsection (e); 13 |
|---|
| 638 | 638 | | (E) in subsection (g), by striking para-14 |
|---|
| 639 | 639 | | graph (4); and 15 |
|---|
| 640 | 640 | | (F) in subsection (n), in the first sentence, 16 |
|---|
| 641 | 641 | | by striking ‘‘or to competition’’; 17 |
|---|
| 642 | 642 | | (2) in section 6 (15 U.S.C. 46)— 18 |
|---|
| 643 | 643 | | (A) by striking subsections (c) through (e) 19 |
|---|
| 644 | 644 | | and (i); 20 |
|---|
| 645 | 645 | | (B) by redesignating— 21 |
|---|
| 646 | 646 | | (i) subsections (f), (g), and (h) as 22 |
|---|
| 647 | 647 | | subsections (c) through (e), respectively; 23 |
|---|
| 648 | 648 | | and 24 |
|---|
| 649 | 649 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00022 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 650 | 650 | | ssavage on LAPJG3WLY3PROD with BILLS 23 |
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| 651 | 651 | | •S 1059 IS |
|---|
| 652 | 652 | | (ii) subsections (j) through (l) as sub-1 |
|---|
| 653 | 653 | | sections (f) through (h), respectively; 2 |
|---|
| 654 | 654 | | (C) in subsection (f)(1), as so redesig-3 |
|---|
| 655 | 655 | | nated, by striking ‘‘other than Federal antitrust 4 |
|---|
| 656 | 656 | | laws (as defined in section 12(5) of the Inter-5 |
|---|
| 657 | 657 | | national Antitrust Enforcement Assistance Act 6 |
|---|
| 658 | 658 | | of 1994 (15 U.S.C. 6211(5))),’’; and 7 |
|---|
| 659 | 659 | | (D) in subsection (h)(2), as so redesig-8 |
|---|
| 660 | 660 | | nated, in the matter preceding subparagraph 9 |
|---|
| 661 | 661 | | (A), by striking ‘‘or competition’’; 10 |
|---|
| 662 | 662 | | (3) by repealing section 7 (15 U.S.C. 47); 11 |
|---|
| 663 | 663 | | (4) in section 11 (15 U.S.C. 51), by striking 12 |
|---|
| 664 | 664 | | ‘‘antitrust Acts or the’’ each place the term appears; 13 |
|---|
| 665 | 665 | | (5) in section 18 (15 U.S.C. 57a(a)(2)), by 14 |
|---|
| 666 | 666 | | striking the second sentence; 15 |
|---|
| 667 | 667 | | (6) in section 20 (15 U.S.C. 57b–1)— 16 |
|---|
| 668 | 668 | | (A) in subsection (a)— 17 |
|---|
| 669 | 669 | | (i) in paragraph (2), by striking ‘‘or 18 |
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| 670 | 670 | | in any antitrust violations’’; 19 |
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| 671 | 671 | | (ii) in paragraph (3), by striking ‘‘or 20 |
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| 672 | 672 | | any provisions relating to antitrust viola-21 |
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| 673 | 673 | | tions’’; 22 |
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| 674 | 674 | | (iii) in paragraph (7), by striking ‘‘or 23 |
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| 675 | 675 | | any antitrust violation’’; and 24 |
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| 676 | 676 | | (iv) by striking paragraph (8); 25 |
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| 678 | 678 | | ssavage on LAPJG3WLY3PROD with BILLS 24 |
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| 679 | 679 | | •S 1059 IS |
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| 680 | 680 | | (B) in subsection (c)(1), by striking ‘‘or to 1 |
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| 681 | 681 | | antitrust violations,’’; and 2 |
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| 682 | 682 | | (C) in subsection (j)(1), by striking ‘‘, any 3 |
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| 683 | 683 | | proceeding under section 11(b) of the Clayton 4 |
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| 684 | 684 | | Act (15 U.S.C. 21(b)),’’; 5 |
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| 685 | 685 | | (7) in section 21(b)(6) (15 U.S.C. 57b– 6 |
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| 686 | 686 | | 2(b)(6)), in the matter following subparagraph (D), 7 |
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| 687 | 687 | | by striking ‘‘paragraphs (5) and (7)’’ and inserting 8 |
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| 688 | 688 | | ‘‘paragraphs (4) and (6)’’; and 9 |
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| 689 | 689 | | (8) in section 21A (15 U.S.C. 57b–2a)— 10 |
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| 690 | 690 | | (A) by striking subsection (f); 11 |
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| 691 | 691 | | (B) by redesignating subsection (g) as sub-12 |
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| 692 | 692 | | section (f); 13 |
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| 693 | 693 | | (C) in subsection (f), as so redesignated, 14 |
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| 694 | 694 | | by striking ‘‘subsection (g)’’ each place the 15 |
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| 695 | 695 | | term appears and inserting ‘‘subsection (f)’’; 16 |
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| 696 | 696 | | and 17 |
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| 697 | 697 | | (D) in section 24 (15 U.S.C. 57b–5(a)), by 18 |
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| 698 | 698 | | striking ‘‘for any conduct which, because of the 19 |
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| 699 | 699 | | provisions of the Act entitled ‘An Act to author-20 |
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| 700 | 700 | | ize association of producers of agricultural 21 |
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| 701 | 701 | | products’, approved February 18, 1922 (7 22 |
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| 702 | 702 | | U.S.C. 291 et seq., commonly known as the 23 |
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| 703 | 703 | | Capper-Volstead Act), is not a violation of any 24 |
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| 704 | 704 | | of the antitrust Acts or this Act’’. 25 |
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| 705 | 705 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00024 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 706 | 706 | | ssavage on LAPJG3WLY3PROD with BILLS 25 |
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| 707 | 707 | | •S 1059 IS |
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| 708 | 708 | | (e) WEBB-POMERENEACT.—The Webb-Pomerene 1 |
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| 709 | 709 | | Act (15 U.S.C. 61 et seq.) is amended— 2 |
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| 710 | 710 | | (1) by repealing section 4 (15 U.S.C. 64); and 3 |
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| 711 | 711 | | (2) in section 5— 4 |
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| 712 | 712 | | (A) in the first undesignated paragraph— 5 |
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| 713 | 713 | | (i) in the first sentence, by striking 6 |
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| 714 | 714 | | ‘‘Federal Trade Commission’’ and insert-7 |
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| 715 | 715 | | ing ‘‘Attorney General of the United 8 |
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| 716 | 716 | | States’’; and 9 |
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| 717 | 717 | | (ii) in the second sentence, by striking 10 |
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| 718 | 718 | | ‘‘commission’’ each place the term appears 11 |
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| 719 | 719 | | and inserting ‘‘Attorney General of the 12 |
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| 720 | 720 | | United States’’; 13 |
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| 721 | 721 | | (B) in the second undesignated para-14 |
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| 722 | 722 | | graph— 15 |
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| 723 | 723 | | (i) in the first sentence, by striking 16 |
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| 724 | 724 | | ‘‘Federal Trade Commission’’ and insert-17 |
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| 725 | 725 | | ing ‘‘Attorney General of the United 18 |
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| 726 | 726 | | States’’; and 19 |
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| 727 | 727 | | (ii) by striking the third sentence; and 20 |
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| 728 | 728 | | (C) by striking the third undesignated 21 |
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| 729 | 729 | | paragraph. 22 |
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| 730 | 730 | | (f) W |
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| 731 | 731 | | OOLPRODUCTSLABELINGACT OF1939.—The 23 |
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| 732 | 732 | | Wool Products Labeling Act of 1939 (15 U.S.C. 68 et 24 |
|---|
| 733 | 733 | | seq.) is amended— 25 |
|---|
| 734 | 734 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00025 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 735 | 735 | | ssavage on LAPJG3WLY3PROD with BILLS 26 |
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| 736 | 736 | | •S 1059 IS |
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| 737 | 737 | | (1) by striking ‘‘an unfair method of competi-1 |
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| 738 | 738 | | tion, and’’ each place the term appears; and 2 |
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| 739 | 739 | | (2) in section 68g(b), by striking ‘‘an unfair 3 |
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| 740 | 740 | | method of competition and’’. 4 |
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| 741 | 741 | | (g) F |
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| 742 | 742 | | URPRODUCTSLABELINGACT.—The Fur Prod-5 |
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| 743 | 743 | | ucts Labeling Act (15 U.S.C. 69 et seq.) is amended by 6 |
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| 744 | 744 | | striking ‘‘an unfair method of competition, and’’ each 7 |
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| 745 | 745 | | place the term appears. 8 |
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| 746 | 746 | | (h) T |
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| 747 | 747 | | EXTILEFIBERPRODUCTSIDENTIFICATION 9 |
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| 748 | 748 | | A |
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| 749 | 749 | | CT.—The Textile Fiber Products Identification Act (15 10 |
|---|
| 750 | 750 | | U.S.C. 70 et seq.) is amended— 11 |
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| 751 | 751 | | (1) by striking ‘‘an unfair method of competi-12 |
|---|
| 752 | 752 | | tion, and’’ each place the term appears; and 13 |
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| 753 | 753 | | (2) in section 3 (15 U.S.C. 70a), by striking 14 |
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| 754 | 754 | | ‘‘an unfair method of competition and’’ each place 15 |
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| 755 | 755 | | the term appears. 16 |
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| 756 | 756 | | (i) A |
|---|
| 757 | 757 | | NTITRUSTCIVILPROCESSACT.—Section 4(d) of 17 |
|---|
| 758 | 758 | | the Antitrust Civil Process Act (15 U.S.C. 1313(d)) is 18 |
|---|
| 759 | 759 | | amended— 19 |
|---|
| 760 | 760 | | (1) in paragraph (1), by striking ‘‘(1) Whoever’’ 20 |
|---|
| 761 | 761 | | and inserting ‘‘Whoever’’; and 21 |
|---|
| 762 | 762 | | (2) by striking paragraph (2). 22 |
|---|
| 763 | 763 | | (j) I |
|---|
| 764 | 764 | | NTERNATIONAL ANTITRUSTENFORCEMENT AS-23 |
|---|
| 765 | 765 | | SISTANCEACT OF1994.—The International Antitrust 24 |
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| 766 | 766 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00026 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 767 | 767 | | ssavage on LAPJG3WLY3PROD with BILLS 27 |
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| 768 | 768 | | •S 1059 IS |
|---|
| 769 | 769 | | Enforcement Assistance Act of 1994 (15 U.S.C. 6201 et 1 |
|---|
| 770 | 770 | | seq.) is amended— 2 |
|---|
| 771 | 771 | | (1) in section 2 (15 U.S.C. 6201), in the matter 3 |
|---|
| 772 | 772 | | preceding paragraph (1), by striking ‘‘and the Fed-4 |
|---|
| 773 | 773 | | eral Trade Commission’’; 5 |
|---|
| 774 | 774 | | (2) in section 3(b) (15 U.S.C. 6202(b)), by 6 |
|---|
| 775 | 775 | | striking ‘‘and the Commission may, using their re-7 |
|---|
| 776 | 776 | | spective authority to investigate possible violations of 8 |
|---|
| 777 | 777 | | the Federal antitrust laws,’’ and inserting ‘‘may’’; 9 |
|---|
| 778 | 778 | | (3) in section 5(1) (15 U.S.C. 6204(1)), by 10 |
|---|
| 779 | 779 | | striking ‘‘or the Commission’’ each place the term 11 |
|---|
| 780 | 780 | | appears; 12 |
|---|
| 781 | 781 | | (4) in section 6 (15 U.S.C. 6205)— 13 |
|---|
| 782 | 782 | | (A) by striking ‘‘or the Commission’’; and 14 |
|---|
| 783 | 783 | | (B) by striking ‘‘6(f)’’ and inserting 15 |
|---|
| 784 | 784 | | ‘‘6(c)’’; 16 |
|---|
| 785 | 785 | | (5) in section 7 (15 U.S.C. 6206)— 17 |
|---|
| 786 | 786 | | (A) by striking ‘‘, with the concurrence of 18 |
|---|
| 787 | 787 | | the Commission,’’ each place the term appears; 19 |
|---|
| 788 | 788 | | and 20 |
|---|
| 789 | 789 | | (B) in subsection (c)(2)(B), by striking 21 |
|---|
| 790 | 790 | | ‘‘and the Commission’’; 22 |
|---|
| 791 | 791 | | (6) in section 8 (15 U.S.C. 6207)— 23 |
|---|
| 792 | 792 | | (A) by striking ‘‘Neither the Attorney Gen-24 |
|---|
| 793 | 793 | | eral nor the Commission may’’ each place the 25 |
|---|
| 794 | 794 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00027 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 795 | 795 | | ssavage on LAPJG3WLY3PROD with BILLS 28 |
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| 796 | 796 | | •S 1059 IS |
|---|
| 797 | 797 | | term appears and inserting ‘‘The Attorney Gen-1 |
|---|
| 798 | 798 | | eral may not’’; 2 |
|---|
| 799 | 799 | | (B) in subsection (a), by striking ‘‘or the 3 |
|---|
| 800 | 800 | | Commission, as the case may be,’’; 4 |
|---|
| 801 | 801 | | (C) in subsection (b), by striking ‘‘or the 5 |
|---|
| 802 | 802 | | Commission’’; and 6 |
|---|
| 803 | 803 | | (D) in subsection (c)— 7 |
|---|
| 804 | 804 | | (i) by striking ‘‘or the Commission’’; 8 |
|---|
| 805 | 805 | | and 9 |
|---|
| 806 | 806 | | (ii) by striking ‘‘or the Commission, 10 |
|---|
| 807 | 807 | | as the case may be,’’; 11 |
|---|
| 808 | 808 | | (7) in section 10 (15 U.S.C. 6209)— 12 |
|---|
| 809 | 809 | | (A) in subsection (a)— 13 |
|---|
| 810 | 810 | | (i) by striking ‘‘, the Commission,’’; 14 |
|---|
| 811 | 811 | | and 15 |
|---|
| 812 | 812 | | (ii) by striking ‘‘(a) In General.— 16 |
|---|
| 813 | 813 | | The’’ and inserting ‘‘The’’; and 17 |
|---|
| 814 | 814 | | (B) by striking subsection (b); 18 |
|---|
| 815 | 815 | | (8) in section 12 (15 U.S.C. 6211)— 19 |
|---|
| 816 | 816 | | (A) in paragraph (2)— 20 |
|---|
| 817 | 817 | | (i) in the matter preceding subpara-21 |
|---|
| 818 | 818 | | graph (A)— 22 |
|---|
| 819 | 819 | | (I) by striking ‘‘and the Commis-23 |
|---|
| 820 | 820 | | sion jointly determine’’ and inserting 24 |
|---|
| 821 | 821 | | ‘‘determines’’; 25 |
|---|
| 822 | 822 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00028 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 823 | 823 | | ssavage on LAPJG3WLY3PROD with BILLS 29 |
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| 824 | 824 | | •S 1059 IS |
|---|
| 825 | 825 | | (II) by striking ‘‘jointly’’; and 1 |
|---|
| 826 | 826 | | (III) by striking ‘‘and the Com-2 |
|---|
| 827 | 827 | | mission’’; 3 |
|---|
| 828 | 828 | | (ii) in subparagraph (A)— 4 |
|---|
| 829 | 829 | | (I) by striking ‘‘and the Commis-5 |
|---|
| 830 | 830 | | sion’’ each place the term appears; 6 |
|---|
| 831 | 831 | | and 7 |
|---|
| 832 | 832 | | (II) by striking ‘‘provide’’ and in-8 |
|---|
| 833 | 833 | | serting ‘‘provides’’; 9 |
|---|
| 834 | 834 | | (iii) in subparagraph (E)(ii), in the 10 |
|---|
| 835 | 835 | | matter preceding subclause (I), by striking 11 |
|---|
| 836 | 836 | | ‘‘or the Commission, as the case may be,’’; 12 |
|---|
| 837 | 837 | | (iv) in subparagraph (F)— 13 |
|---|
| 838 | 838 | | (I) by striking ‘‘or the Commis-14 |
|---|
| 839 | 839 | | sion’’; and 15 |
|---|
| 840 | 840 | | (II) by striking ‘‘or the Commis-16 |
|---|
| 841 | 841 | | sion, respectively,’’; and 17 |
|---|
| 842 | 842 | | (v) in subparagraph (H)— 18 |
|---|
| 843 | 843 | | (I) in clause (i)— 19 |
|---|
| 844 | 844 | | (aa) by striking ‘‘or the 20 |
|---|
| 845 | 845 | | Commission’’; and 21 |
|---|
| 846 | 846 | | (bb) by striking ‘‘or the 22 |
|---|
| 847 | 847 | | Commission, respectively,’’; and 23 |
|---|
| 848 | 848 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00029 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 849 | 849 | | ssavage on LAPJG3WLY3PROD with BILLS 30 |
|---|
| 850 | 850 | | •S 1059 IS |
|---|
| 851 | 851 | | (II) in clause (ii), by striking ‘‘or 1 |
|---|
| 852 | 852 | | the Commission’’ each place the term 2 |
|---|
| 853 | 853 | | appears; 3 |
|---|
| 854 | 854 | | (B) by striking paragraph (4); 4 |
|---|
| 855 | 855 | | (C) by redesignating paragraphs (5) 5 |
|---|
| 856 | 856 | | through (9) as paragraphs (4) through (8), re-6 |
|---|
| 857 | 857 | | spectively; and 7 |
|---|
| 858 | 858 | | (D) in paragraph (4), as so redesignated, 8 |
|---|
| 859 | 859 | | by striking ‘‘but also includes section 5 of the 9 |
|---|
| 860 | 860 | | Federal Trade Commission Act (15 U.S.C. 45) 10 |
|---|
| 861 | 861 | | to the extent that such section 5 applies to un-11 |
|---|
| 862 | 862 | | fair methods of competition’’; and 12 |
|---|
| 863 | 863 | | (9) in section 13 (15 U.S.C. 6212)— 13 |
|---|
| 864 | 864 | | (A) by striking ‘‘and the Commission are’’ 14 |
|---|
| 865 | 865 | | and inserting ‘‘is’’; and 15 |
|---|
| 866 | 866 | | (B) by striking ‘‘or the Commission, re-16 |
|---|
| 867 | 867 | | spectively,’’. 17 |
|---|
| 868 | 868 | | (k) M |
|---|
| 869 | 869 | | EDICAREPRESCRIPTIONDRUG, IMPROVEMENT, 18 |
|---|
| 870 | 870 | | ANDMODERNIZATIONACT OF2003.—Subtitle B of title 19 |
|---|
| 871 | 871 | | XI of the Medicare Prescription Drug, Improvement, and 20 |
|---|
| 872 | 872 | | Modernization Act of 2003 (Public Law 108–173; 117 21 |
|---|
| 873 | 873 | | Stat. 2461) is amended— 22 |
|---|
| 874 | 874 | | (1) in the subtitle heading, by striking ‘‘Federal 23 |
|---|
| 875 | 875 | | Trade Commission’’ and inserting ‘‘Antitrust’’; 24 |
|---|
| 876 | 876 | | (2) in section 1111 (21 U.S.C. 355 note)— 25 |
|---|
| 877 | 877 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00030 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 878 | 878 | | ssavage on LAPJG3WLY3PROD with BILLS 31 |
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| 879 | 879 | | •S 1059 IS |
|---|
| 880 | 880 | | (A) by striking paragraph (8); and 1 |
|---|
| 881 | 881 | | (B) by redesignating paragraphs (9) 2 |
|---|
| 882 | 882 | | through (12) as paragraphs (8) through (11), 3 |
|---|
| 883 | 883 | | respectively; 4 |
|---|
| 884 | 884 | | (3) in section 1112(c) (21 U.S.C. 355 note), by 5 |
|---|
| 885 | 885 | | striking ‘‘and the Commission’’ each place the term 6 |
|---|
| 886 | 886 | | appears; 7 |
|---|
| 887 | 887 | | (4) in section 1113 (21 U.S.C. 355 note), by 8 |
|---|
| 888 | 888 | | striking ‘‘and the Commission’’; 9 |
|---|
| 889 | 889 | | (5) in section 1114 (21 U.S.C. 355 note), by 10 |
|---|
| 890 | 890 | | striking ‘‘or the Commission’’; 11 |
|---|
| 891 | 891 | | (6) in section 1115 (21 U.S.C. 355 note)— 12 |
|---|
| 892 | 892 | | (A) in subsection (a), by striking ‘‘, or 13 |
|---|
| 893 | 893 | | brought by the Commission in accordance with 14 |
|---|
| 894 | 894 | | the procedures established in section 16(a)(1) 15 |
|---|
| 895 | 895 | | of the Federal Trade Commission Act (15 16 |
|---|
| 896 | 896 | | U.S.C. 56(a))’’; and 17 |
|---|
| 897 | 897 | | (B) in subsection (b), by striking ‘‘or the 18 |
|---|
| 898 | 898 | | Commission’’; 19 |
|---|
| 899 | 899 | | (7) in section 1116 (21 U.S.C. 355 note), in 20 |
|---|
| 900 | 900 | | the matter preceding paragraph (1), by striking 21 |
|---|
| 901 | 901 | | ‘‘Commission, with the concurrence of the Attorney 22 |
|---|
| 902 | 902 | | General’’ and inserting ‘‘Attorney General’’; and 23 |
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| 903 | 903 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00031 Fmt 6652 Sfmt 6201 E:\BILLS\S1059.IS S1059 |
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| 904 | 904 | | ssavage on LAPJG3WLY3PROD with BILLS 32 |
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| 905 | 905 | | •S 1059 IS |
|---|
| 906 | 906 | | (8) in section 1117 (21 U.S.C. 355 note), by 1 |
|---|
| 907 | 907 | | striking ‘‘or the Commission’’ each place the term 2 |
|---|
| 908 | 908 | | appears. 3 |
|---|
| 909 | 909 | | SEC. 7. EFFECTIVE DATE. 4 |
|---|
| 910 | 910 | | Except as provided otherwise, this Act and the 5 |
|---|
| 911 | 911 | | amendments made by this Act shall take effect on the 6 |
|---|
| 912 | 912 | | start of the first fiscal year that is at least 90 days after 7 |
|---|
| 913 | 913 | | the date of enactment of this Act. 8 |
|---|
| 914 | 914 | | Æ |
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| 915 | 915 | | VerDate Sep 11 2014 00:13 Mar 27, 2025 Jkt 059200 PO 00000 Frm 00032 Fmt 6652 Sfmt 6301 E:\BILLS\S1059.IS S1059 |
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| 916 | 916 | | ssavage on LAPJG3WLY3PROD with BILLS |
|---|