PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Kerrigan in Morning Consult: Don’t Harm Small-Business Competitiveness in China Competitiveness Bill

By at 2 June, 2021, 1:45 pm

During the debate on the U.S. Innovation and Competition Act (formerly, the Endless Frontier Act) in the U.S. Senate, scores of amendments were being pushed or considered. One of them was the “INFORM Act,” which as SBE Council president & CEO Karen Kerrigan noted in a Morning Consult Op-ed would end up undermining small businesses in their efforts to compete both at home and abroad. As she writes:

“…S. 936, the INFORM Consumers Act, is being promoted as a measure to prevent counterfeiting and the sale of stolen goods in virtual marketplaces like Amazon, eBay and Etsy. While the intent of the measure is good, this legislation could jeopardize the privacy of small-business owners and create powerful disincentives for them to sell products online.”

Kerrigan spells out the problems with the legislation, and urges Senators to tackle counterfeits and stolen goods in a thoughtful and truly informed way, which “would involve hearings, listening to the views of small businesses and carefully considering the consequences of proposed actions.”

Read the full Op-ed here.

 

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