On April 22, Small Business Majority, Main Street Alliance, Multicultural Business Alliance, and the National Employment Law Project sent a letter to the Federal Trade Commission (FTC) in support of the final rule which would ban employers from imposing non-compete agreements on their employees.
On April 15, Small Business Majority sent a letter to House and Senate Appropriations Committee leadership urging Congress to provide robust funding in Fiscal Year (FY) 2025 for critical federal programs that support small business development and growth.
On April 5, Small Business Majority Founder and CEO John Arensmeyer submitted written testimony to the House Committee on Small Business ahead of their hearing entitled “Tax Day: Exploring the Adverse Effects of High Taxes and a Complex Tax Code.”
On February 26, Small Business Majority submitted written testimony to the U.S. House Committee on Financial Services encouraging the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) to prioritize the needs of small businesses during the roll out of the new Beneficial Ownership Information (BOI) reporting requirement, which went into effect on January 1, 2024.
Today, John Arensmeyer, Founder and CEO, submitted a comment to the Federal Register on The Department of Justice (DOJ) and the Federal Trade Commission's (FTC) joint 2023 Draft Merger Guidelines. Robust market competition is essential to a thriving small business ecosystem. A level playing field can boost healthy competition between small and large businesses. This promotes more competitive prices and business terms, as small firms are regularly buying from and selling to larger companies.
On August 22, Small Business Majority sent a letter to Senator Tim Scott urging him to co-sponsor the bipartisan Small Business Technological Advancement Act, which would help ensure that America’s small businesses have the cutting-edge digital resources they need to compete domestically and to guarantee they will operate with a global advantage against large competitors.
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.
Today, Small Business Majority submitted comments to the Federal Trade Commission (FTC) for their request for information to better understand franchise agreements. The comments explore several areas in which franchise agreements could be more equitable for small business franchisees.
Non-compete agreements are an obstacle to entrepreneurship, create a non-level playing field and stop employees from using their skills. They are not only a barrier to entry for entrepreneurs, but they also prevent small businesses from hiring the most diverse, qualified and skilled talent. In January, the Federal Trade Commission (FTC) proposed a rule to ban non-compete agreements and sought input from the public.
Today, Small Business Majority sent a letter to the Federal Trade Commission (FTC) urging the agency to enact its proposed rule to ban non-compete agreements. This letter is accompanied by personal testimony from small business owners impacted by non-compete agreements.
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