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A drone. Wang Gang/China News Service via Getty Images

A holdup on regulations for drones from the Federal Aviation Administration is hampering the industry's ability to grow, the Wall Street Journal reports.

Why it matters: Regulators initially promised speedy decision making on rules for the drone industry, but the process has been slow and some experts believe regulations aren't likely to come until 2022.

The backdrop: Delays are a result of some law enforcement agencies' skepticism of proposed airborne identification systems as well as commercial rivalries.

  • The FAA believed regulations would be complete by late 2018, but senior FBI officials demanded tougher requirements to identify potential terrorists and hostiles in the spring, causing FAA regulators to rework their proposal.

The state of play: The FAA could propose standard regulations this month allowing small drones to fly over crowds and populated areas, per the WSJ, but there are still other regulations that will take years to iron out.

Go deeper: Drone sales exploded in 2017, surpassing the $1 billion mark for the first time.

Go deeper

Updated 7 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: The good and bad news about antibody therapies — Fauci: Hotspots have materialized across "the entire country."
  2. World: Belgium imposes lockdown, citing "health emergency" due to influx of cases.
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Education: Surge threatens to shut classrooms down again.
  5. Technology: The pandemic isn't slowing tech.
  6. Travel: CDC replaces COVID-19 cruise ban with less restrictive "conditional sailing order."
  7. Sports: High school football's pandemic struggles.
  8. 🎧Podcast: The vaccine race turns toward nationalism.
Dan Primack, author of Pro Rata
Updated 7 hours ago - Economy & Business

Dunkin' Brands agrees to $11B Inspire Brands sale

Photo: Alexi Rosenfeld/Getty Images

Dunkin' Brands, operator of both Dunkin' Donuts and Baskin-Robbins, agreed on Friday to be taken private for nearly $11.3 billion, including debt, by Inspire Brands, a restaurant platform sponsored by private equity firm Roark Capital.

Why it matters: Buying Dunkin’ will more than double Inspire’s footprint, making it one of the biggest restaurant deals in the past 10 years. This could ultimately set up an IPO for Inspire, which already owns Arby's, Jimmy John's and Buffalo Wild Wings.

Ina Fried, author of Login
9 hours ago - Technology

Federal judge halts Trump administration limit on TikTok

Illustration: Aïda Amer/Axios

A federal judge on Friday issued an injunction preventing the Trump administration from imposing limits on the distribution of TikTok, Bloomberg reports. The injunction request came as part of a suit brought by creators who make a living on the video service.

Why it matters: The administration has been seeking to force a sale of, or block, the Chinese-owned service. It also moved to ban the service from operating in the U.S. as of Nov. 12, a move which was put on hold by Friday's injunction.