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Care to explain what exactly you mean by this?
by ng-user 9y ago
Care to explain what exactly you mean by this?
- ChristianBundy 9y agoI can't speak for GP, but it looks like the usual "regulation hurts small business" argument, often used by stakeholders in large businesses.
- ocdtrekkie 9y agoIt's amazing how this discrepancy always seems to pop up. The five corporations with the largest market cap in the United States say SESTA will hurt small businesses more than big ones. Those same companies tell us that net neutrality is important for protecting small businesses. And these giant corporations are investing millions of dollars to fight these changes. Whenever the largest corporate entities are talking about how bad something is for "small businesses", it really means it is bad for them.
- pas 9y agoDo you mean Google, Facebook, Amazon, Microsoft, ... are against certain regulations because it's cost them too much?
- maxxxxx 9y ago"Whenever the largest corporate entities are talking about how bad something is for "small businesses", it really means it is bad for them. " Yeah. "Small business" and "family farm" are nice words for the big guys to hide behind.
- Spivak 9y agoI mean it does, which is why small businesses are exempt from a lot of them. In our ops unit we employ three full time regulatory compliance officers who make upper-middle tier salaries. Just in terms of compensation it adds half a million annually to our budget. And that's before the cost of the actual compliance. No small business can afford to just eat that cost so it's either going to be paid in risk or out of the productivity of existing staff.