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Proposed CFIUS Bill Could Have Opposite Of Intended Effect

Law360, New York (January 11, 2018, 6:29 PM EST) -- The Chinese government’s push to gain access to innovative technologies has contributed to an ever-growing to-do list for the Committee on Foreign Investment in the U.S., but proposed legislation to update the panel's mandate might hamstring its efforts even more than its thin staffing already does.

CFIUS is an interagency committee that, for national security concerns, examines transactions that could result in control of a U.S. business by a foreign entity even when ownership of the company does not change hands. A rapid rise in the...
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