GOP Drops Plan to Consolidate Antitrust Powers at DOJ

The Republican Party has reversed its earlier move to consolidate antitrust enforcement powers solely within the Department of Justice (DOJ), abandoning plans that would have stripped the Federal Trade Commission (FTC) of its antitrust authority. This decision follows criticism and debate over the potential implications for competition policy. Initially, House GOP members sought to centralize antitrust oversight under the DOJ, arguing it would streamline regulatory processes. However, the proposal faced significant pushback from lawmakers and advocacy groups concerned about reducing the FTC’s role in protecting consumer interests and ensuring fair market practices. The reversal indicates a recognition of the importance of maintaining dual antitrust enforcement agencies. — new from Politico

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