Technology bans refer to governmental restrictions on the sale, transfer, or use of specific technologies. Driven by national security concerns, intellectual...
Governments often impose technology bans due to national security concerns, protecting domestic industries, safeguarding intellectual property, or addressing human rights violations associated with certain technologies.
Technology bans significantly disrupt global supply chains by restricting access to critical components or software, forcing companies to find alternative suppliers, redesign products, or relocate manufacturing.
Economic consequences include reduced trade, decreased investment, higher production costs, innovation slowdowns in affected sectors, potential job losses, and strained international diplomatic relations.
While bans often target specific countries or companies due to geopolitical tensions or alleged security risks, their impact extends broadly, affecting global industries and supply chains regardless of direct targeting.