4 Lesser-Known Effects of the Government Shutdown

Forget the Smithsonian, last-minute passports and the panda cam

       

The FCC

Radio185a 4 Lesser Known Effects of the Government ShutdownEven if you don’t realize it, the Federal Communications Committee is responsible for a lot that you encounter in day-to-day activities. More or less, the agency regulates communication via radio, television, wireless, satellite and cable — whether than means bleeping out bad words or managing the radio spectrum.

But while many large agencies are partially shut down, the FCC is offline and 98% of its staff is furloughed.

A laundry list of daily activities will come to an abrupt halt, including consumer complaint and inquiries, consumer protection, licensing services, radio spectrum management, equipment authorizations and more. Plus, pending mergers and transactions that require FCC approval will be shelved.

That includes media giant Gannett’s (GCI) acquisition of Belo — a move that was recently approved by the latter’s shareholders but has seen two objections filed with the FCC.


Article printed from InvestorPlace Media, http://investorplace.com/investorpolitics/4-government-shutdown-side-effects-you-probably-didnt-realize/.

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