"... boost oversight of exports of sensitive technology to adversaries like China, for economic and security reasons..." I think economic is the keyword here.

"... boost oversight of exports of sensitive technology to adversaries like China, for economic and security reasons..." I think economic is the keyword here. From what I gather this is not the first time the US is doing something like this. I am pretty sure other countries have done the same in their particular areas of concern. They're just not as mighty and famous as the US so nobody pays attention. So much for free market. Anyways I think it is a little too late and all it will accomplish is - opening a window of opportunity for other players. Also because it formulated way too broad and has an escape clause (apply for a license) then it might offer an unfair advantage right inside the US. Big companies will get it and for smaller it nay be more difficult. Same as patent system. Company like Apple can patent my cat with little troubles. Me: not so much and I speak from experience.