,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #chd  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #ad1 #bjbe,mr4
 ,cl9e 7= himself1 ,mr4 ,fitzg]ald1 &   
,ms4 ,hageman7 introduc$ ! foll[+ bill2 
:i* 0 ref]r$ to ! ,committee on !       
,judici>y  ,a ,,bill  ,to transf]       
antitru/ en=cem5t f ! ,f$]al ,trade     
,commission to ! ,attorney ,g5]al1 & =  
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,"o ,ag5cy ,act4  #b4  
,f9d+s ,congress f9ds ! foll[+3 7#a7 ,x 
is ! policy ( ! ,unit$ ,/ates to promote
 ! vigor\s1 effective1 & effici5t       
en=cem5t ( ! antitru/ laws4  7#b7 ,!    
ov]lapp+ antitru/ en=cem5t jurisdiction 
( ! ,dep>tm5t ( ,ju/ice & ! ,f$]al      
,trade ,commission has wa/$ taxpay]     
res\rces1 hamp]$ en=cem5t ef=ts1 & caus$
 unc]ta9ty = bus9esses & consum]s 9 !   
,unit$ ,/ates4  7#c7 ,x is pref]able t  
prim>y ,f$]al responsibility = en=c+ !  
antitru/ laws ( ! ,unit$ ,/ates be giv5 
to a s+le entity1 & ! ,dep>tm5t (       
,ju/ice is be/ suit$ to d s4  #c4       

,def9itions ,9 ?is ,act3 7#a7 ,antitru/ 
laws ,! t]m antitru/ laws means-- 7,a7 !
 ,%]man ,act 7#ae ,u4,s4,c4 #a et seq472
 &  7,b7 ! ,clayton ,act 7#ae ,u4,s4,c4 
#ab et seq474  7#b7 ,effective date ,!  
t]m effective date means ! date describ$
 9 section #f4  7#c7 ,,ftc ,! t]m ,,ftc 
means ! ,f$]al ,trade ,commission4  7#d7
 ,,ftc antitru/ action ,! t]m ,,ftc     
antitru/ action means any inve/igation1 
litigation1 adm9i/rative proce$+1 or o!r
 action at ! ,,ftc t-- 7,a7 is sup]vis$ 
by an ,,ftc antitru/ unit2 or  7,b7     
relates to ! antitru/ laws or unfair    
me?ods ( competition "u section #e ( !  
,f$]al ,trade ,commission ,act 7#ae     
,u4,s4,c4 #de71 z 9 effect on ! day be=e
 ! effective date4  7#e7 ,,ftc antitru/ 
assets ,! t]m ,,ftc antitru/ assets--   
7,a7 means all electronic or tangible   
records & files relat+ to matt]s        
sup]vis$1 z well z any physical assets  
or equipm5t own$ & us$ or reta9$1 by an 
,,ftc antitru/ unit2 &  7,b7 does n     
include any (fice space or leas$        

facilities or equipm5t4  7#f7 ,,ftc     
antitru/ employee ,! t]m ,,ftc antitru/ 
employee means an individual :o on ! day
 be=e ! effective date is employ$ by !  
,,ftc & assign$ to an ,,ftc antitru/    
unit4  7#g7 ,,ftc antitru/ fund+ ,! t]m 
,,ftc antitru/ fund+ means all am\nts   
appropriat$ be=e ! effective date by an 
,act ( ,congress to ! ,,ftc t are       
designat$1 by ,congress or ! ,,ftc = an 
,,ftc antitru/ unit4  7#h7 ,,ftc        
antitru/ unit ,! t]m ,,ftc antitru/ unit
 means-- 7,a7 ! ,bureau ( ,competition (
 ! ,,ftc2 &  7,b7 ea* division ( !      
,bureau ( ,economics ( ! ,,ftc t is     
designat$ to "w on ,,ftc antitru/       
actions4  7#i7 ,transition p]iod ,! t]m 
transition p]iod means ! p]iod beg9n+ on
 ! effective date & end+ on ! lat] (--  
7,a7 ! date t is #a ye> aft] ! effective
 date2 or  7,b7 ! date t is #ahj days   
aft] ! date describ$ 9 subp>agraph 7,a71
 :i* may be ext5d$ by ! ,attorney ,g5]al
 once = an additional #ahj days1 if !   
,attorney ,g5]al det]m9es t a p]iod     

long] ?an ! p]iod describ$ 9 subp>agraph
 7,a7 is necess>y to avoid h>m to !     
int]e/s ( ! ,unit$ ,/ates or ! effective
 en=cem5t ( ! antitru/ laws4  #d4       
,transf] ( antitru/ en=cem5t functions f
 ! ,,ftc to ! ,attorney ,g5]al  7a7     
,transf] ( actions  7#a7 ,9 g5]al ,!re  
%all be transf]r$ to ! ,attorney ,g5]al 
all ,,ftc antitru/ actions1 ,,ftc       
antitru/ employees1 ,,ftc antitru/      
assets1 & ,,ftc antitru/ fund+ on !     
e>li] (-- 7,a7 ! date det]m9$ by !      
,attorney ,g5]al "u p>agraph 7#b77;,b72 
or  7,b7 ! end ( ! transition p]iod4    
7#b7 ,requirem5t ,! ,attorney ,g5]al1   
tak+ c>e to m9imize disruption to ongo+ 
en=cem5t matt]s & 9 consultation z      
necess>y ) ! ,(fice ( ,p]sonnel         
,managem5t1 ! ,g5]al ,s]vices           
,adm9i/ration1 & ! ,*airman ( ! ,,ftc1  
%all-- 7,a7 take all necess>y actions to
 complete implem5tation ( ?is ,act be=e 
! end ( ! transition p]iod2 &  7,b7     
det]m9e ! dates c]ta91 :i* may n be     
e>li] ?an ! effective date or lat] ?an !

 end ( ! transition p]iod1 on :i* !     
transf]s "u p>agraph 7#a7 %all occur4   
7#c7 ,p]sonnel  7,a7 ,assignm5t ,an     
,,ftc antitru/ employee transf]r$ to !  
,attorney ,g5]al "u ?is ,act %all be    
assign$ to ! ,antitru/ ,division ( !    
,dep>tm5t ( ,ju/ice4  7,b7 ,(fice space 
,on ! reque/ ( ! ,attorney ,g5]al1 & 9  
consultation z necess>y ) ! ,g5]al      
,s]vices ,adm9i/ration1 ! ,,ftc %all    
all[ ! ,attorney ,g5]al to use any (fice
 space or leas$ facilities previ\sly us$
 by ,,ftc antitru/ employees until su*  
"t z ! ,attorney ,g5]al may provide     
(fice space or facilities4 ,aft] !      
transf] ( ,,ftc antitru/ fund+ to !     
,attorney ,g5]al1 ! ,attorney ,g5]al    
%all comp5sate ! ,,ftc = ! co/s ( ! use 
( su* (fice space or leas$ facilities4  
7,c7 ,re/ructur+ ,not)/&+ any o!r       
provision ( law1 ! ,attorney ,g5]al is  
au?oriz$ to re/ructure ! ,antitru/      
,division ( ! ,dep>tm5t ( ,ju/ice be=e !
 expiration ( ! transition p]iod1 z !   
,attorney ,g5]al det]m9es is            

appropriate1 to c>ry out ! purposes (   
?is ,act & accompli% ! effici5t en=cem5t
 ( ! antitru/ laws4  7#d7 ,antitru/     
actions  7,a7 ,9 g5]al ,z soon z is     
reasonably practicable dur+ ! transition
 p]iod1 all op5 inve/igations1 /udies1  
litigations1 matt]s1 or o!r proce$+s be+
 sup]vis$ by an ,,ftc antitru/ unit &   
relat+ to ! antitru/ laws or unfair     
me?ods ( competition "u section #e ( !  
,f$]al ,trade ,commission ,act 7#ae     
,u4,s4,c4 #de71 z 9 effect on ! day be=e
 ! effective date1 %all be transf]r$ to 
& assum$ by ! ,attorney ,g5]al4  7,b7   
,h&l+ ( adm9i/rative actions ,,ftc      
antitru/ actions t 7 initiat$ by ! ,,ftc
 & 7 unresolv$ z ( ! fir/ day ( !       
transition p]iod1 %all be-- 7i7 cont9u$ 
z ! ,attorney ,g5]al det]m9es is        
appropriate2 &  7ii7 ! ,,ftc %all h !   
p[] to deputize =m] ,,ftc antitru/      
employees1 ) ! cons5t ( ! ,attorney     
,g5]al1 to cont9ue any ,,ftc antitru/   
actions z describ$ 9 clause 7i74  7,c7  
,int]v5tion ,any ,,ftc antitru/ actions 

be=e a c\rt ( ! ,unit$ ,/ates z ( ! fir/
 day ( ! transition p]iod1 t 7 initiat$ 
by ! ,,ftc & 7 unresolv$ z ( ! fir/ day 
( ! transition p]iod1 %all be-- 7i7     
cont9u$ z ! ,attorney ,g5]al det]m9es is
 appropriate2 &  7ii7 t ! ,,ftc %all h !
 p[] to deputize =m] ,,ftc antitru/     
employees1 ) ! cons5t ( ! ,attorney     
,g5]al1 to cont9ue any ,,ftc antitru/   
actions z describ$ 9 clause 7i74  7,d7  
,cons5t decrees  7i7 ,9 g5]al ,at ! end 
( ! transition p]iod1 ! ,attorney ,g5]al
 %all h sole au?ority to receive all    
reports z requir$ "u1 en=ce violations  
(1 approve modifications to1 or resc9d  
any cons5t decree ent]$ into by ! ,,ftc 
be=e ! effective date t conc]ns conduct 
alleg$ to violate ! antitru/ laws or    
unfair me?ods ( competition "u section  
#e ( ! ,f$]al ,trade ,commission ,act   
7#ae ,u4,s4,c4 #de71 z 9 effect on ! day
 be=e ! effective date4  7ii7           
,adm9i/rative en=cem5t ,if deem$        
necess>y by ! ,,ftc & ! ,attorney       
,g5]al1 ! ,,ftc %all h ! p[] to deputize

 =m] ,,ftc antitru/ employees1 ) !      
cons5t ( ! ,attorney ,g5]al1 to en=ce & 
negotiate modifications ( ,,ftc cons5t  
decrees 9 effect on ! day be=e !        
effective date 9 ! ,,ftc's adm9i/rative 
process4  7#e7 ,au?ority to conduct     
inve/igative /udies  7,a7 ,reports (    
p]sons1 p>tn]%ips1 & corporations  7i7  
,9 g5]al ,! ,attorney ,g5]al may        
require1 by g5]al or special ord]s1     
p]sons1 p>tn]%ips1 & corporations1      
engag$ 9 or ^: bus9ess affects comm]ce  
to file ) ! ,attorney ,g5]al 9 su* =m z 
! ,attorney ,g5]al may prescribe annual 
or special reports or answ]s 9 writ+ to 
specific que/ions1 furni%+ to !         
,attorney ,g5]al su* in=mation z !      
,attorney ,g5]al may require z to !     
organization1 bus9ess1 conduct1         
practices1 managem5t1 & relation to o!r 
corporations1 p>tn]%ips1 & individuals (
 ! respective p]sons1 p>tn]%ips1 &      
corporations fil+ su* reports or answ]s 
9 writ+4  7ii7 ,oa? ,reports & answ]s   
requir$ "u clause 7i7 %all-- 7,i7 be    

made "u oa? or o!rwise z ! ,attorney    
,g5]al may prescribe2  7,,ii7 p]ta9     
solely to competition or ! application (
 ! antitru/ laws2 &  7,,iii7 be fil$ ) !
 ,attorney ,g5]al )9 su* reasonable     
p]iod z ! ,attorney ,g5]al may          
prescribe1 unless additional "t be      
grant$ 9 any case by ! ,attorney ,g5]al4
  7,b7 ,publication ( in=mation or      
reports  7i7 ,9 g5]al ,except z provid$ 
9 clause 7ii71 ! ,attorney ,g5]al-- 7,i7
 %all make public f "t to "t su*        
portions ( ! in=mation obta9$ by !      
,attorney ,g5]al "u ?is p>agraph z are 9
 ! public int]e/2  7,,ii7 may make      
annual & special reports to ,congress t 
include recomm5dations = additional     
legislation2 &  7,,iii7 %all provide = !
 publication ( reports & decisions ( !  
,attorney ,g5]al 9 su* =m & mann] z may 
be be/ adapt$ = public in=mation & use4 
7ii7 ,prohibition aga9/ publication (   
privileg$ or confid5tial in=mation  7,i7
 ,9 g5]al ,except z provid$ 9 subclause 
7,,ii71 ! ,attorney ,g5]al %all n make  

public any trade secret or any comm]cial
 or f9ancial in=mation t is obta9$ f any
 p]son & t is privileg$ or confid5tial4 
7,,ii7 ,exception ,! ,attorney ,g5]al   
may disclose in=mation describ$ 9       
subclause 7,i7 to-- 7aa7 (fic]s &       
employees ( appropriate ,f$]al law      
en=cem5t ag5cies or to any (fic] or     
employee ( any ,/ate law en=cem5t ag5cy 
on ! prior c]tification ( an (fic] ( any
 su* ,f$]al or ,/ate law en=cem5t ag5cy 
t su* in=mation w be ma9ta9$ 9 confid5ce
 & w be us$ only = (ficial law en=cem5t 
purposes2 or  7bb7 any (fic] or employee
 ( any =eign law en=cem5t ag5cy "u !    
same circum/ances t mak+ mat]ial        
available to =eign law en=cem5t ag5cies 
is p]mitt$ "u section #ba7;b7 ( ! ,f$]al
 ,trade ,commission ,act 7#ae ,u4,s4,c4 
#eg;b-#b7;b774  7#f7 ,b5efit ( antitru/ 
division ,all ,,ftc antitru/ assets &   
,,ftc antitru/ fund+ transf]r$ "u ?is   
subsection %all be = ! exclusive use &  
b5efit ( ! ,antitru/ ,division ( !      
,dep>tm5t ( ,ju/ice1 except to ! ext5t !

 ,,ftc deputizes =m] ,,ftc antitru/     
employees1 ) ! cons5t ( ! ,attorney     
,g5]al1 to cont9ue any ,,ftc antitru/   
actions t are ongo+ & unresolv$ be=e !  
effective date4  7b7 ,transition p]iod  
7#a7 ,9 g5]al ,except z provid$ 9       
p>agraph 7#b71 beg9n+ on ! effective    
date1 ! ,,ftc may n-- 7,a7 hire or      
assign an employee to an ,,ftc antitru/ 
unit2  7,b7 op5 a new inve/igation or   
matt] )9 an ,,ftc antitru/ unit or      
relat+ to ! antitru/ laws or unfair     
me?ods ( competition "u section #e ( !  
,f$]al ,trade ,commission ,act2  7,c7   
)\t ! approval ( ! ,attorney ,g5]al1    
ent] into a cons5t decree1 ent] into a  
settlem5t agreem5t1 or o!rwise resolve  
an ,,ftc antitru/ action2 or  7,d7      
initiate a new ,,ftc antitru/ action4   
7#b7 ,en=cem5t on behalf ( ! ,attorney  
,g5]al ,not)/&+ p>agraph 7#a71 dur+ !   
transition p]iod1 ! ,attorney ,g5]al may
 deputize an ,,ftc antitru/ employee to 
inve/igate or prosecute an alleg$       
violation ( ! antitru/ laws on behalf ( 

! ,attorney ,g5]al be=e ! completion ( !
 transf] ( p]sonnel "u subsection 7a74  
7#c7 ,same rights & obligations  7,a7 ,9
 g5]al ,not)/&+ any o!r provision ( law1
 dur+ ! transition p]iod all ,dep>tm5t (
 ,ju/ice employees "u ! sup]vision ( !  
,attorney ,g5]al %all h ! same rights & 
obligations ) respect to confid5tial    
in=mation submitt$ to ! ,,ftc z ,,ftc   
antitru/ employees on ! day be=e !      
effective date4  7,b7 ,rule (           
con/ruction ,no?+ 9 ?is p>agraph may be 
con/ru$ z imply+ any *ange to ! rights &
 obligations describ$ 9 subp>agraph 7,a7
 z a result ( ?is ,act4  7c7 ,agreem5ts 
,! ,attorney ,g5]al1 9 consultation ) ! 
,*airman ( ! ,,ftc1 %all-- 7#a7 review  
any agreem5ts betwe5 ! ,,ftc & any o!r  
,f$]al ag5cy or any =eign law en=cem5t  
ag5cy2 &  7#b7 be=e ! end ( ! transition
 p]iod1 seek to am5d1 transf]1 or resc9d
 su* agreem5ts z necess>y & appropriate 
to c>ry out ?is ,act1 endeavor+ to      
complete su* am5dm5t1 transf]1 or       
resc9dm5t ) all due ha/e4  7d7 ,rules ,!

 ,attorney ,g5]al %all1 pursuant to     
section #g;,a ( ! ,clayton ,act 7#ae    
,u4,s4,c4 #ah;a7 & 9 accordance )       
section #eec ( title #e1 ,unit$ ,/ates  
,code1 prescribe or am5d any rules z    
necess>y to c>ry out ! ,clayton ,act4   
#e4 ,te*nical & con=m+ am5dm5ts  7a7    
,requirem5ts ,to consult ) or seek !    
concurr5ce ,= any provision ( law       
requir+ an executive bran* ag5cy or     
indep5d5t ag5cy to consult ) or seek !  
concurr5ce ( ! ,,ftc or ! ,*airman ( !  
,,ftc1 :]e su* requirem5t relates to !  
antitru/ laws or unfair me?ods (        
competition "u section #e ( ! ,f$]al    
,trade ,commission ,act 7#ae ,u4,s4,c4  
#de71 z 9 effect on ! day be=e !        
effective date1 t requirem5t %all be    
transf]r$ f ! ,,ftc or ! ,*airman ( !   
,,ftc to ! ,attorney ,g5]al4  7b7       
,prem]g] notification fil+s  7#a7 ,,ftc 
prem]g] notification fil+s ,= any       
provision ( law requir+ notification to 
! ,,ftc1 :]e su* requirem5t relates to !
 antitru/ laws or unfair me?ods (       

competition "u section #e ( ! ,f$]al    
,trade ,commission ,act 7#ae ,u4,s4,c4  
#de71 z 9 effect on ! day be=e !        
effective date1 t requirem5t =          
notification to ! ,,ftc %all be waiv$4  
7#b7 ,dep>tm5t ( ,ju/ice prem]g]        
notification fil+s ,no?+ 9 p>agraph 7b7 
may be con/ru$ z imply+ any *ange to !  
requirem5t = any requir$ notification to
 ! ,attorney ,g5]al4  7c7 ,exi/+        
litigation or appeals ,not)/&+ any o!r  
provision ( law1 ! ,attorney ,g5]al %all
 n d5y res\rces to ! ,,ftc or o!rwise   
disrupt exi/+ litigation or appeals t   
are ongo+ on ! day be=e ! effective     
date4  7d7 ,future actions ( ,attorney  
,g5]al ,not)/&+ any o!r provision ( law1
 no?+ 9 ?is ,act may be con/ru$ to limit
 ! p[]s ( ! ,attorney ,g5]al to en=ce ! 
antitru/ laws4  7e7 ,future actions ( ! 
,,ftc ,not)/&+ any o!r provision ( law1 
! ,,ftc %all n op5 new inve/igations or 
beg9 en=cem5t actions t relates to !    
antitru/ laws or unfair me?ods (        
competition "u section #e ( ! ,f$]al    

,trade ,commission ,act 7#ae ,u4,s4,c4  
#de71 except z explicitly all[$ 9 ?is   
,act ) ! approval ( ! ,attorney ,g5]al &
 relat+ to an inve/igation1 litigation1 
appeal1 or cons5t decree t 0 ongo+ or 9 
place on ! day be=e ! effective date4   
#f4 ,effective date ,except z provid$   
o!rwise1 ?is ,act %all take effect on ! 
/>t ( ! fir/ fiscal ye> t is at lea/ #ij
 days aft] ! date ( enactm5t ( ?is ,act4