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Industry groups: Commerce rule on ICT alarmingly broad, excessively opaque

January 13, 2020 at 6:17 PM
Industry groups fear a proposed rule issued by the Commerce Department last November gives the administration too much authority to block transactions involving foreign information and communications technology products and services -- and could have a chilling effect on business. Commerce issued an advanced notice of proposed rulemaking implementing a May 2019 executive order crafted to give the Commerce secretary broad authority to review transactions involving ICT products and services and block imports from “foreign adversaries” if they are found...

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