Quotes About Monopoly

It is one of the curiosities of Communist reformers that they always set out with the quixotic goal of reforming some aspects of their system while keeping others unaffected—introducing market-oriented incentives while maintaining central planning controls, or allowing greater freedom of expression while retaining the Party's monopoly of truth.

That monopoly of a persistent identity is the real engine of Facebook's remarkable success.

One way in which the Fourth Industrial Revolution could exacerbate inequality is via monopoly power: already, for example, Google controls almost 90% of the global market share of search advertising, Facebook controls 77% of mobile social traffic and Amazon has almost 75% of the e-book market.

The source and root of all monetary evil [is] the government monopoly on the issue and control of money. —Friedrich Hayek

If American chemical industries are oligopolistic, British, German, French, Italian, indeed European, chemical industries are monopolistic.

two well-recognized economic principles. First, the firmer the monopolistic controls in a given market, the higher the prices. Second, monopoly prices are discriminatory prices. "Charging all the traffic will bear" does not mean that all the traffic will bear the same charge! In fact, it will not.

The steel cartel is dead; but the cartel idea survives.

The record is plain: the cartel system retarded the development of a domestic synthetic rubber industry, and, in so doing, jeopardized national security.

Both the law and business have long recognized the propriety of quantity discounts. But since 1914 the Clayton Act has banned price discrimination "when the effect may be to substantially lessen competition or tend to create a monopoly." And since 1936 the Robinson-Patman Act has recognized such quantity discounts as legal only if they represent a saving in cost, and the law places the burden of proof on the seller.

A public-school system, if it means the providing of free education for those who desire it, is a noteworthy and beneficent achievement of modern times; but when once it becomes monopolistic it is the most perfect instrument for tyranny which has yet been devised. Freedom of thought in the middle ages was combated by the Inquisition, but the modern method is far more effective.' (1923)

All of us are taking the night off, Wrath said abruptly. We need some regroup time. Rhage snorted from across the table. You're not going to make us play Monopoly again, are you? Yup. A collective groan rose up from the Brotherhood, one that Wrath ignored. Right after dinner.

Government is the ultimate monopoly. And monopolies, as any economist will tell you, often breed complacency and a lack of innovation.

Technical devices or processes which receive intensified investment during cold or hot wars spread through societies contagiously once their monopoly by the state has been undermined.

Nothing is more dangerous than an idea when it is the only one you have.

The Liberal Party of Canada has no monopoly on public service, we have no monopoly on virtue, and we have no monopoly on wisdom.

If he had been able to sell all his assets at full market value at the moment of his death, in January of that year, he would have taken one out of every twenty dollars in circulation, including cash and demand deposits.2

If I am elected President, I will end the special interest monopoly in Washington, D.C.

The Sherman Act is similar in the economics sphere to the Bill of Rights in the personal sphere.

It bothers me when people spoil the market.

As ridiculous to approve of property and let a few men have a grossly unfair share of it, as say you are all for marriage, and then let one man have all the wives.

Yeah, you know, a monopolist's work is never done. No such thing as a perfect monopoly. Seems like you can never get that last one-tenth of one percent.

But possession of this psychological high ground is different from a monopoly in any normal sense of that word, because here the dominance has nothing to do with technical performance or price. The old robber-baron monopolies were monopolies because they physically controlled means of production and/or distribution. But in the software business, the means of production is hackers typing code, and the means of distribution is the Internet, and no one is claiming that Microsoft controls those.

What the complacent Russians forgot was that their strengths – above all, their technological superiority – were not a permanent monopoly conferred by Providence on people with white skin. There was in fact nothing biological to prevent Asians from adopting Western forms of economic and political organization, nor from replicating Western inventions. The first Asian country to work out how to do so was Japan.

The second hallmark of the stationary state was the ability of a corrupt and monopolistic elite to exploit the system of law and administration to their own advantage: In a country too, where, though the rich or the owners of large capitals enjoy a good deal of security, the