For Immediate Release Washington, DC – John R. Dearie, president of the Center for American Entrepreneurship, and Karen Kerrigan, president and CEO of the Small Business & Entrepreneurship Council, today issued the following joint statement regarding the UK’s Competition Appeal Tribunal’s recent decision pertaining to Meta’s appeal of the CMA’s decision to block the acquisition […]
Competition & Regulatory Policy
June 21st, 2022 by SBE CouncilVIA ELECTRONIC SUBMISSION Ms. Vanessa A. Countryman Secretary U.S. Securities and Exchange Commission 100 F Street NE Washington, DC 20549 Re: Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews (Release No. IA-5955; File No. S7-03-22) Dear Ms. Countryman: The Small Business & Entrepreneurship Council (SBE Council) is pleased to offer this comment […]
Congress and President Biden Must Focus on the Priorities of U.S. Entrepreneurs and Main Street Businesses Legislation that aims to regulate and break up certain big U.S. technology companies is pending in Congress. The Senate may soon act on the “American Innovation and Choice Online Act,” S. 2992 (there’s a companion bill in the House, […]
SMALL BUSINESS INSIDER Ironically, more government regulation will only serve to distort markets, drive costs higher, create new barriers that impede entrepreneurship, and ultimately fuel consolidation. Larger businesses have the scale and capital to absorb these costs and navigate the regulatory morass. Small businesses do not have that expertise or the resources. By Karen Kerrigan […]
Not only were digital economy sectors insulated from declines in other areas of the economy, but in key ways, the digital sectors – that is, entrepreneurs, small businesses and the much-maligned “Big Tech” in vital technology sectors – served as lifelines to other industries, to other entrepreneurs and workers, and to consumers. by Raymond J. […]
NEWS FOR IMMEDIATE RELEASE Washington, D.C. – In response to Senator Amy Klobuchar’s (D-Minn.) revised “American Innovation and Choice Online Act” (S.2992), the Small Business & Entrepreneurship Council (SBE Council) issued the following statement: “The revised S.2992 is very light on changes. Senators and stakeholders expressed serious concerns about the downstream impact and unintended consequences […]
Waiving IP Rights for COVID Vaccines Undermines U.S. Innovation and Competitiveness By Karen Kerrigan – On May 5, 2021 the Biden Administration announced it would support a petition before the World Trade Organization (WTO) to “waive” vital intellectual property (IP) rights for COVID-19 vaccines – an unprecedented and unnecessary giveaway of U.S. medical innovation. The […]
by Raymond J. Keating – For over 130 years now, antitrust law, its interpretation, and its application have been anything but models of clarity, consistency, predictability and sound economics. Unfortunately, matters would only get worse if assorted legislation put forth in Congress, including, for example, the American Innovation and Choice Online Act (S. 2992), were […]
May 11, 2022 The Honorable Peter A. DeFazio Chairman Committee on Transportation and Infrastructure The Honorable Sam Graves Ranking Member Committee on Transportation and Infrastructure The Honorable Donald M. Payne, Jr. Chairman Subcommittee on Railroads, Pipelines, and Hazardous Materials The Honorable Rick Crawford Ranking Member Subcommittee on Railroads, Pipelines, and Hazardous […]
by Raymond J. Keating – During this National Small Business Week, elected officials and policymakers must also celebrate the drivers of entrepreneurship and small business growth this week, and that includes “big tech.” Big Tech Started as Small Tech It should be noted that the companies usually targeted by politicians and their appointees – i.e., […]