"Threaten the Merchant" isn't an actual Magic: The Gathering keyword or ability—it doesn't exist in the official rules or on any card. You may be thinking of a few real mechanics that sound similar.
If you mean Threaten effects (like the card Threaten or Act of Treason), these let you gain control of a creature until end of turn, untap it, and give it haste—great for stealing a blocker, swinging in, then sacrificing it before it returns. If you mean Goad (from cards like Disrupt Decorum), that forces a creature to attack a player other than you each combat if able—a political staple in multiplayer Commander.
There are also "Merchant" creatures (like Riftwing Cloudskate-style names), but no merchant-threatening keyword. If you can share the exact card or context, I'll explain the precise rules and Commander applications.