Antitrust Package Big Step to Level the Playing Field for Small Businesses

June 11, 2021

On the introduction of a suite of antitrust bills today, Main Street Alliance Executive Director Stephen Michael had this to say:

“For too long, Main Street has felt the impact of the unabated growth and uneven playing field with large monopolies. The consolidation of corporate power not only limits competition, but also squeezes small businesses out of supply chains and other core economic access points. As the pandemic hammered small businesses, many large corporations continued to consolidate market share, making the landscape even harder to recover from. This will have repercussions not only in our local communities and Main Streets, but our democracy and economy as a whole. 

Main Street Alliance small businesses applaud the package of antitrust legislation introduced today, especially the critical bill targeting structural separation, highlighting a clear rule that a company may not own both a dominant platform and any business lines that sell products or services on that platform.

For policymakers interested in a robust, competitive small business economy, passing new anti-monopoly laws must be a key federal priority in 2021. Antitrust regulation is one place where we can look to build a more resilient and fair economy coming out of the pandemic.”