A bipartisan bill introduced by Senators Elizabeth Warren (D-MA) and Rick Scott (R-FL) aims to reform the US export licensing system to prevent monopolistic practices and promote fair competition. The legislation, called the License Monopoly Prevention Act, directs the Commerce Department to conduct competitive market analyses when issuing export licenses for sensitive technologies, especially those on the Entity List, which includes foreign entities subject to export restrictions. The bill responds to recent controversies, such as the Commerce Department's issuance of licenses to Intel and Qualcomm to sell chips to Huawei without granting similar licenses to competitors like MediaTek and AMD. Although the Biden administration revoked some licenses last year, concerns persist about market distortion and unfair advantages. The proposed law would require the Bureau of Industry and Security (BIS) to evaluate whether a license would grant a monopoly to a single company, only approving licenses if no rival has sought similar permission for the same customer. Senators Warren and Scott emphasize that export controls should safeguard national security without favoring large corporations or creating market monopolies. In addition to the export licensing reform, Senators Scott and Warren introduced a separate bipartisan bill to increase transparency and competition in the export of sensitive technologies. This legislation aims to prevent the issuance of exclusive licenses that grant sole rights to one company, which can distort markets and undermine fairness. The bills have garnered support from advocates for fair trade and national security, and are now headed to the Senate for consideration. The legislation reflects ongoing efforts to balance security concerns with maintaining a competitive and fair domestic market for American technology and exports.