U.S. House panel proposes moving FTC antitrust work to DOJ in budget package-OxBig News Network

The U.S. House of Representatives Judiciary Committee on Monday said it proposed transferring the Federal Trade Commission’s antitrust work to the Department of Justice as part of a budget reconciliation package.

The proposal would allocate funds for moving staff and cases from the FTC to the DOJ and mirrors a Republican bill. If passed, the proposal would upend decades of the two agencies’ sharing authority to enforce U.S. laws against anticompetitive business behavior.