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".
This joint resolution seeks to exercise congressional authority under the Congressional Review Act to reject a recent rule from the Federal Trade Commission (FTC). Specifically, it targets the FTC's rule titled "Premerger Notification; Reporting and Waiting Period Requirements" , which was published in the Federal Register on November 12, 2024. By passing this resolution, Congress would formally disapprove of the FTC's rule, rendering it without any legal force or effect. This action would prevent the implementation of the new requirements for premerger reporting and waiting periods as outlined by the FTC.
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Timeline
Introduced in House
Referred to the House Committee on the Judiciary.
Introduced in House
Referred to the House Committee on the Judiciary.
Commerce
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".
USA119th CongressHJRES-39| House
| Updated: 2/11/2025
This joint resolution seeks to exercise congressional authority under the Congressional Review Act to reject a recent rule from the Federal Trade Commission (FTC). Specifically, it targets the FTC's rule titled "Premerger Notification; Reporting and Waiting Period Requirements" , which was published in the Federal Register on November 12, 2024. By passing this resolution, Congress would formally disapprove of the FTC's rule, rendering it without any legal force or effect. This action would prevent the implementation of the new requirements for premerger reporting and waiting periods as outlined by the FTC.