Washington, DC — More than 20 partners of the Small Business Rising coalition—representing hundreds of thousands of small businesses nationwide—released a letter to the U.S. Small Business Administration (SBA) showing their disappointment with the agency’s past financial partnerships with monopolies—such as Amazon, Google, and Visa—for National Small Business Week (NSBW). The letter urges the agency to enlist partners who are aligned with its mission to help Americans start, grow, and build resilient businesses, not mega-corporations that use their power and dominance in the market to stifle competition from smaller competitors.
15+ Small Business Groups Show Support for the Department of Justice’s Antitrust Enforcement
“As a coalition representing the interests of small and independent businesses across the country, we believe that the DOJ’s Antitrust Division work under AAG Kanter’s leadership has been crucial for fostering a fair and competitive marketplace and safeguarding the right of small and independent business to compete and serve the needs of their communities. We urge Congress to work collaboratively to ensure the DOJ’s Antitrust Division has the resources and support to pursue its mandate to promote economic competition through enforcing and providing guidance on antitrust laws and principles.
Small Business Groups Release Support Statement for the FTC's Amazon Antitrust Lawsuit
We applaud the Federal Trade Commission for filing suit to end Amazon’s monopolization of the online shopping market. No other company poses as big a threat to independent businesses and the health and dynamism of the U.S. economy. Amazon derives its dominance through classic monopoly tactics, and with this lawsuit, the FTC seeks to break Amazon’s chokehold.
VIDEO: Small Business Leaders & Advocates Urge Support for Credit Card Competition Act
Today small business leaders and advocates joined together for a virtual press event urging support for the Credit Card Competition Act — legislation aimed at injecting competition into the credit card processing industry and addressing the Visa/Mastercard duopoly, which has resulted in skyrocketing swipe fees for independent businesses.
25+ Small Business Rising Groups Release Statement on Proposed New Merger Guidelines
The undersigned Small Business Rising partner organizations released the following statement in response to the Federal Trade Commission (FTC) and Department of Justice (DOJ) proposed new merger guidelines, including quotes from select partners -- American Booksellers Association, Local First Arizona, Local First La Plata, Running Industry Association and Workplace Solutions Association:
“We applaud the FTC and DOJ for their commitment to robust enforcement of the antitrust laws, particularly against mergers that cut off the ability for small, independent businesses to compete on a level playing field. These new proposed merger guidelines take important steps towards establishing a new era in antitrust where mergers are not given a pass for their theoretical efficiencies, but rather scrutinized for the inherent threats to fairness, broad prosperity, and vibrant local economies. This is a critical step toward fostering fair, open and competitive markets in which independent businesses across the economy can compete and thrive.
20+ Independent Business Groups Send Letter Supporting the Federal Trade Commission
WASHINGTON, DC - Today, more than 20 independent business organization members of the Small Business Rising coalition sent a letter to U.S House Judiciary Committee leadership in support of the Federal Trade Commission (FTC) and Chair Lina Khan, who will testify in front of the committee on July 13th, 2023.
30+ Independent Business Groups Support Reining in the Credit Card Monopolies
Our coalition partners have identified exorbitant credit card interchange fees – also known as swipe fees – as a top issue undermining their small business members, who report that swipe fees are now their highest expense after payroll. This ‘duopoly’ power must be addressed through legislation like the Credit Card Competition Act, which will prevent Visa and MasterCard from forcing merchants to use their card networks to process payments, resulting in significant fee reductions for small businesses.
25+ Small Business Rising Coalition Members' and Small Business Owners’ Statement on U.S Senate Reintroducing the American Innovation and Choice Online Act
The American Innovation and Choice Online Act (AICOA) – a bill prohibiting Amazon, Meta, Apple, and Alphabet from preferencing their products over businesses that depend on them to reach customers online – if passed, is a win for America's entrepreneurs and the tens of thousands of small businesses we represent.
Recent Press Coverage
In the News:
Small Businesses Rise to Fight Wall Street — The American Prospect (February 7, 2023)
Small-business group asks Congress to prioritize antitrust bill in lame duck — The Hill (November 15, 2022)
Big Tech ramps up efforts to quash milestone antitrust bill — Reuters (June 1, 2022)
OpEd: Amazon is squeezing Arizona small businesses. Will Congress level the playing field? — AZ Central (April 25, 2022)
Smaller tech firms advocate bipartisan antitrust bills by bashing Big Tech — Washington Examiner (March 31, 2022)
Why Reining in Big Tech Will Help Save Local Businesses — My Hyperlocal News (January 4, 2022)
A New Coalition of Small-Business Groups Is Urging Congress to Break Up Amazon — Inc.com (April 8, 2021)
24 Small Business Groups Urge Congress to Pass Big Tech Reform by End of Year
Yesterday, Small Business Rising members sent a letter to House and Senate leadership urging them to pass the Big Tech bills by the end of the year.
Members of our coalition have long advocated for Congress to address Big Tech’s growing monopoly power, and now is the moment to advance legislation that will safeguard the right for independent businesses to compete and serve the needs of their communities.