Bass, Berry & Sims attorney Thad McBride provided insight on the Export Control Reform Act – a law passed in August 2018 that will limit exports of some emerging technologies to curb national security threats and espionage. Some technology groups fear that the Commerce Department, which regulates most U.S. exports, will too broadly define which emerging technologies should be covered by the law. As Thad notes, this could result in “a more onerous review process for non-U.S. parties that seek to invest in these technologies.”
The full article, “Tech Giants Worry Commerce Going Too Far to Block China Exports,” was published by Bloomberg Law on December 10, 2018, and is available online (subscription required).