Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Trade Commission relating to "Premerger Notification; Reporting and Waiting Period Requirements".

# Summary of HJRES 39 **What the Bill Would Do:** This bill is a "disapproval resolution" that would reject a new Federal Trade Commission (FTC) rule about merger notifications. If passed, it would block the FTC's updated requirements for companies planning to merge or acquire other companies. Specifically, the rule affects the paperwork and waiting periods companies must follow when notifying the government about major business combinations. **Who It Affects:** The bill primarily affects large corporations and businesses planning mergers or acquisitions. It could also impact the FTC's ability to review and potentially challenge deals it views as anti-competitive.

Consumers might be indirectly affected if easier merger approval affects market competition and pricing. **Current Status:** The bill was introduced by Rep. Scott Fitzgerald (R-WI) and is currently in committee, meaning it has not yet been voted on by the full House. Congress can use disapproval resolutions to override agency rules through a fast-track process, though the bill would still need Senate approval and the President's signature to become law.