subject: Antitrust Rules For Small Business By The Government [print this page] Antitrust Rules for Small business by the government is something that is levied on all kinds of business houses small or big. This was introduced to protect the fairness of businesses all across the levels. Be it a small business house or a big one all are liable to this law as no one has the right to continue with unfair business.
In fact small business houses think that they are free of this law and only big business houses are subjected to its jurisdiction. But it is not the case when this Antitrust rules for small business. The reason behind this is that even small businesses can adopt unfair means and ways to promote their business which is again not good for bigger business houses. This law definitely makes sense.
Well to curb all this, the practice of Price Fixing has been introduced. In simple words it is like an agreement to which all companies big and small will fix a certain rate of products and services in an industry. This makes the trade fair and gives equal opportunities to all and sundry. You can say it is fair enough!
You may also have a Restraint of Trade on your business if you are found to be practicing something illegal like sharing markets and customers with some business houses. Especially making pacts that may harm other businesses. Also if you try what is called monopolization even if you are a small business house! Yes this is very true even small businesses can dominate the local market simply by unjust ways.
Look what Antitrust Rules for Small business means in easy words is that small businesses can also employ unreasonable ways to make money. Even they are not spared by law. Of course why should they be as they do not live outside the law! Everyone should be bound by laws and small businesses are no exception to this. Hence the implementation of this law has given a fair chance to everyone alike.
Law should not be partial towards anyone. Rich or poor everyone is equal in the eyes of law. Remember that you need to be very careful about your business. Now that you know that there are laws safeguarding you and your business. At the same time doing something silly may end up you and your employees in a big trouble.
In conclusion what can be said is that is different states have different statuettes. Hence it is advisable that you contact your local attorney in regards to this. Although this article will provide genuine information, yet is recommended that you consult a local attorney who is in the best position to help you with more details on Antitrust Rules for Small business.
