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During the ongoing U.S. government shutdown, the Federal Trade Commission (FTC) has announced that it will not accept consumer fraud complaints or assist in blocking spam calls, significantly impacting its ability to enforce laws against deceptive business practices. The agency's fraud reporting website and telemarketing opt-out registry will be unavailable, although Wall Street dealmakers can still file for merger clearances, albeit without early approvals for non-competitive deals. With around 400 of its 1,180 employees potentially required to work without pay, the shutdown is expected to delay transaction reviews and create uncertainty in the regulatory environment.
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