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I will not argue the layers of regulation part but IMO they apply to all and have just as harmful an effect on large businesses as small ones.
But even worse are the socioeconomic regulations.
My wife has a small business. An ex-employee who left the firm (she was there all of three weeks) filed an EEO suit. My wife spent almost ten thousand responding. Turns out the woman had spent time in jail, lied on her resume and had tried the same scam before. But the EEO didn't bother to check those facts. They just threatened to put her out of business unless she spent thousands responding to baseless allegations.
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