Bill · H.J.Res. 39· House(119-HJRES-39)
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".
- Introduced
- 2/11/2025
- Last activity
- 2/11/2025 — Referred to the House Committee on the Judiciary.
- Sponsored by
- Scott Fitzgerald
- Cosponsors
- - 3 - 0
- Introduced
- In Committee
What this bill would do
This joint resolution aims to disapprove a specific rule submitted by the Federal Trade Commission. The rule in question relates to "Premerger Notification; Reporting and Waiting Period Requirements." If passed, this resolution would ensure that the rule has no force or effect. It was introduced by Mr. Fitzgerald alongside Mr. Gooden and Mr. Cline.
Yes
Would business owners be better off under this?+4
The resolution benefits business owners by removing specific FTC premerger notification and reporting requirements.
Does this leave more decisions to the states?+2
By blocking a federal agency rule, the resolution limits the expansion of federal regulatory authority.
The opposite
Does this give people more protection from unfair business practices?-3
The resolution nullifies an FTC rule intended to regulate premerger notifications, which may reduce oversight of corporate consolidations and their impact on consumers.
Would union members be better off under this?-2
Reducing premerger notification requirements may lead to easier corporate consolidations that can impact labor market competition.
Does this make what the government does easier for the public to see?-1
The resolution limits the transparency required by the FTC regarding premerger reporting and waiting periods.
Who it would affect, and how
Potential Positive Impacts for People
- Nullification of the FTC Rule: By declaring that the rule submitted by the Federal Trade Commission has no force or effect, the resolution seeks to prevent the implementation of the "Premerger Notification; Reporting and Waiting Period Requirements" rule. (Resolution Text)
Potential Negative Impacts for People
- No specific negative impacts are mentioned: The provided text does not list any negative consequences or burdens that would result from this resolution. (Resolution Text)
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Consumer Protection-3
- Demographic And Interest Groups
- Good For Business Owners+4Good For Union Workers-2
- Governance And Ideology
- Increase States Rights+2Improves Government Transparency-1
- 5/19/2025
- 1 Cosponsor added.
- 2/11/2025
- Referred to the House Committee on the Judiciary.
- 2 Cosponsors added.
- Introduced in House
Ben ClineRepublican · Virginia
Lance GoodenRepublican · Texas
Derek SchmidtRepublican · Kansas