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 measure would overturn a recent Federal Trade Commission rule about how companies must notify the government before mergers and how long they must wait for review. In short, Congress would use its power to block that FTC rule from taking effect. This matters for businesses planning mergers and for people who care about how quickly and clearly mergers are reviewed for competition concerns .

If passed, the FTC’s “Premerger Notification; Reporting and Waiting Period Requirements” rule would not go forward. That means the current process would stay as it is, instead of changing under the new FTC rule .

• Key points:
  • Who is affected: Companies planning mergers that must report to the FTC; indirectly, consumers watching merger oversight .
  • What changes: The new FTC rule on premerger reports and waiting periods would be blocked; existing rules remain in place .
  • When: The block would take effect if and when this measure becomes law .