2013 Budget Trims FTC, Boosts DOJ's Antitrust Division

Law360, New York (February 13, 2012, 6:18 PM EST) -- President Barack Obama on Monday released the government's proposed 2013 federal budget, which doles out an extra $5 million to the U.S. Department of Justice's antitrust watchdog while cutting $10 million from the Federal Trade Commission's war chest.

The DOJ's antitrust division under next year's budget will receive funding of $165 million to uphold competition law, up 3.2 percent from 2012, while the FTC's $300 million 2013 budget represents a drop from last year's allotment of approximately $310 million.

The enhanced DOJ antitrust budget is projected...
To view the full article, register now.