What Does Export Administration Regulations Mean?
Export Administration Regulations (EAR) are a set of rules and regulations as well as legal protocols related to United States export control law. EAR is largely a legal document that defines the type of products and data that can be lawfully exported. Its aim is to ensure national security by incorporating commercial and research aims.
Techopedia Explains Export Administration Regulations
EAR legislation ensures that specific types of technology and access to the associated data is controlled. Hence, it aims to avoid the leaking of sensitive information to an unauthorized entities and through illegal methods. The Commerce Control List (CCL) is an integral part of EAR which controls the flow of commercial products, especially those which may also have a military use, such as a computer software, spyware or hacking tools. EAR covers goods as well as technology that may be dangerous if misused.
Failure to comply with EAR may result in strict penalties such as civil fines that can reach $250,000 per violation. Criminal penalties can be as high as $1,000,000 and 20 years imprisonment per violation.