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Distinguished Guest Editorial American Small Business and its Bondage in Freedom WILSON S. JOHNSON, President National Federation of Independent Business Big Business and Small Business both are subject to effective anti-trust law. whose sting traces back to the Sherman Act of 1890. In a word, "intimidation" is what such is a big business that is charged law has legislated against over the years. Usually, it with slapping around or forcing another business out of existence through un scrupulous tampering with the free market by price fixing or commodity monopoly. But for Small Business there is another form of intimidation, however innocent, that can often have the same effect as anti-trust offenses. This looms in the sometimes extravagant rules and regulations of our federal, state and local government bureaus that monitor and officiate for millions of small businesses across our fifty states. Too often, what might be reasonable surveillance for one industry in this great mass of enterprise, is crippling or even fatal to another. And therefore, as our numbers grow in population and still more business endeavors, there could be more rules and regula· tions, still more intimidation. This nibbling and chewing at our freedom to do business is
American Journal of Small Business – SAGE
Published: Apr 1, 1977
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