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Regulations in Relation to Small Businesses (view source)
Revision as of 16:46, 10 February 2016
, 16:46, 10 February 2016→Specific sectors where regulation correlated with harming business
*the cost per employee of economic regulations falls most heavily on large firms. In part, this likely reflects the fact some industrial structures do not lend themselves to small firm participation (e.g., utilities, telecoms, or mining) because large scale operations are a precondition to remain competitive. This simply reduces the number of small enterprises that would be affected.
*One factor impacting the distribution of economic regulations is the '''Regulatory Flexibility Act (RFA)'''. Under the RFA agencies are required to assess the effect of regulations on small businesses, and to mitigate undue burdens, including exemptions and relaxed phase-in schedules.
===Complexity Costs Money===