To address the rising costs of debit card interchange fees, Small Business Majority recently joined a coalition of eight organizations to file an amicus brief in Corner Post v. Federal Reserve Board. The brief argues that the Federal Reserve’s implementation of Regulation II, which enforces the Durbin Amendment’s cap on debit interchange fees, fails to sufficiently protect small businesses and consumers from excessive interchange fees - allowing banks and debit card issuers to continue charging excessively high fees.
Fair Competition Amicus Briefs
On November 12, Small Business Majority and Evan Starr, economist and Associate Professor of Management and Organization at the University of Maryland’s Robert M. Smith School of Business, filed an Amicus Brief in the United States Court of Appeals for the Eleventh Circuit which underscores the FTC’s authority to enforce their final rule to restrict the use of non-compete agreements, which encourages entrepreneurship, small business growth, and workforce development on Main Street.
On July 26, Small Business Majority and Evan Starr, economist and Associate Professor of Management and Organization at the University of Maryland’s Robert M. Smith School of Business, filed an Amicus Brief in a case before the U.S. District Court for the Middle District of Florida in support of the Federal Trade Commission’s (FTC) rule to ban non-compete agreements.
On June 11, Small Business Majority and Evan Starr, economist and Associate Professor of Management and Organization at the University of Maryland’s Robert M. Smith School of Business, filed an Amicus Brief in a case before the U.S. District Court for the Eastern District of Pennsylvania in support of the Federal Trade Commission’s (FTC) rule to ban non-compete agreements. On July 23, the court ultimately declined to block the FTC’s ban, citing that the FTC does in fact have authority to issue the rule.
On June 5, Small Business Majority and Evan Starr, economist and Associate Professor of Management and Organization at the University of Maryland’s Robert M. Smith School of Business, filed an Amicus Brief in the U.S.
Small Business Majority submitted an amicus brief before the Delaware Supreme Court in response to a case regarding forfeiture-for-competition clauses (FFCs), which are similar to non-compete agreements. The brief explains how these types of agreements create barriers to entrepreneurship and make it harder for small employers to attract the best talent.