WASHINGTON - Sen. Mike Lee (R-UT) introduced the One Agency Act Wednesday, legislation that would improve antitrust enforcement by putting all antitrust enforcement under one roof, at the Department of Justice.
“When no one knows who is in charge, bad things happen, and sophisticated players like Facebook, Twitter, and Google—who can afford an army of lawyers, lobbyists, and consultants—can game the system to their own advantage, and thereby avoid accountability for engaging in anticompetitive behavior,” Sen. Lee said. “It’s clear that our current dual agency antitrust enforcement arrangement isn’t working. The Justice Department is more politically accountable, and its structure is better suited to decisive enforcement.”
You can read Sen. Lee’s Wall Street Journal oped on the One Agency Act here.