This resolution uses Congress's power to reject federal regulations and seeks to overturn a Federal Trade Commission rule about merger notification requirements. The FTC rule, published in November 2024, establishes how companies must report planned mergers to the government and sets waiting periods before deals can proceed. If passed, this resolution would eliminate the rule entirely, preventing it from taking effect. The measure was introduced by three House Republicans and affects businesses planning mergers or acquisitions, which would no longer need to follow the FTC's new reporting and waiting period procedures. There is no specific funding or timeline mentioned; the resolution simply declares the FTC rule void if Congress approves it.