H.J. Res. 39 (119th)Bill Overview

Disapprove FTC Premerger Notification; Reporting and Waiting Period Requirements

CRA DisapprovalCommerce|Commerce
Cosponsors
Support
Republican
Introduced
Feb 11, 2025
Discussions
Bill Text
Current stageCommittee

Referred to the House Committee on the Judiciary.

Introduced
Committee
Floor
President
Law
Congressional Activities
01 · The brief
Plain-English summaryWhat this bill actually does

This joint resolution invokes the Congressional Review Act to disapprove and nullify a Federal Trade Commission rule titled “Premerger Notification; Reporting and Waiting Period Requirements” (89 Fed. Reg. 89216, Nov. 12, 2024).

Why people may split

Left views repeal as weakening competition enforcement; right sees regulatory relief.

Watch point

Single-subject CRA resolutions are procedurally simple in one chamber; outcome depends on whether a majority backs disapproval.

This joint resolution invokes the Congressional Review Act to disapprove and nullify a Federal Trade Commission rule titled “Premerger Notification; Reporting and Waiting Period Requirements” (89 Fed.

Reg. 89216, Nov. 12, 2024).

If enacted, the resolution would render that specific FTC rule void and prevent it from taking effect.

Passage40/100

Narrow procedural target helps passage where chamber majorities align, but significant uncertainty remains in the other chamber and from executive response.

CredibilityPartial

How solid the drafting looks.

Contention72/100

Left views repeal as weakening competition enforcement; right sees regulatory relief.

02 · What it does

Who stands to gain, and who may push back.

Likely benefits vs burdens50% / 50%
Likely helpedFederal agencies

These are examples from the analysis, not a ranked list of the most-affected groups.

Likely helped
  • Potential benefitReduces compliance costs for firms by removing the FTC's new filing requirements and procedures.
  • Potential benefitSpeeds merger and acquisition closings by eliminating added statutory or regulatory waiting periods.
  • Potential benefitLowers legal and administrative expenses for transactions, benefiting smaller or resource-constrained parties.
Likely burdened
  • Federal agenciesReduces federal merger-review capacity, possibly enabling more anti-competitive consolidations to proceed.
  • Potential burdenEliminates expanded reporting that could have increased transparency about transactions affecting competition.
  • Federal agenciesUndermines an independent agency's ability to update enforcement tools in response to market changes.
03 · Why people split

Why the argument around this bill splits.

Left views repeal as weakening competition enforcement; right sees regulatory relief.
Progressive10%

Likely views the resolution as an attempt to roll back antitrust enforcement and weaken merger oversight.

Would emphasize protecting competition, workers, and consumers from harmful consolidations.

Given the bill text lacks substantive description, their assessment would be partially speculative and rely on the general role of FTC premerger rules.

Likely resistant
Centrist45%

Likely takes a cautious, evidence-seeking view.

Would want cost-benefit analysis, legal review, and hearings before nullifying an agency rule.

Views will depend on whether the FTC rule imposed significant burdens or meaningfully improved merger oversight.

Split reaction
Conservative90%

Likely strongly supportive because the resolution nullifies an administrative rule that may expand agency authority or increase compliance costs.

Views it as restoring business certainty and limiting regulatory overreach.

Support is grounded in the bill's plain purpose to disapprove the FTC rule.

Leans supportive
04 · Can it pass?

The path through Congress.

Introduced

Reached or meaningfully advanced

Committee

Reached or meaningfully advanced

Floor

Still ahead

President

Still ahead

Law

Still ahead

Passage likelihood40/100

Narrow procedural target helps passage where chamber majorities align, but significant uncertainty remains in the other chamber and from executive response.

Scope and complexity
24%
Scopenarrow
24%
Complexitylow
Why this could stall
  • Whether majorities in each chamber support disapproval within CRA timeframes
  • Potential executive refusal or veto of the joint resolution
05 · Recent votes

Recent votes on the bill.

No vote history yet

The bill has not accumulated any surfaced votes yet.

06 · Go deeper

Go deeper than the headline read.

Included on this page

Left views repeal as weakening competition enforcement; right sees regulatory relief.

Narrow procedural target helps passage where chamber majorities align, but significant uncertainty remains in the other chamber and from ex…

Unlocked analysis

Pro readers get the full perspective split, passage barriers, legislative design review, stakeholder impact map, and lens-based policy tradeoff analysis for Disapprove FTC Premerger Notification; Reporting and Waiting P…

Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.

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