Quotes About Monopoly

Todos los esfuerzos--que no son pocos--hechos por el gobierno, en materia educativa, se diluyen en el mar de porquería de los medios de comunicación monopolizados por la iniciativa privada.

A monopoly on the means of communication may define a ruling elite more precisely than the celebrated Marxian formula of monopoly in the means of production.

President Woodrow Wilson explained the dangerous connection between excessive economic and political power in similar terms, in his 1913 book, The New Freedom: "I do not expect to see monopoly restrain itself. If there are men in this country big enough to own the government of the United States, they are going to own it.

The Sherman Antitrust Act of 1890 and its companion, the Clayton Act of 1914, were designed not only to improve economic efficiency by reducing the market power of economic giants like the railroads and oil companies but also to prevent companies from becoming so large that their political power would undermine democracy. Trustbusters during the first decades of the twentieth century tamed American industry and arguably saved capitalism from its own excesses.

Monopolies often turn inward and destroy themselves from the internal pressure.

Monopoly, besides, is a great enemy to good management, which can never be universally established, but in consequence of that free and universal competition which forces every body to have recourse to it for the sake of self defence.

life is like a game of Monopoly. You may own hotels on Boardwalk or you may be renting on Baltic Avenue. But in the end, it all goes back in the box. The next generation will be getting out all your stuff and playing with it or fighting over it.

We also learn that this country and the Western world have no monopoly of goodness and truth and scholarship, we begin to appreciate the ingredients that are indispensable to making a better world. In a life of learning that is, perhaps, the greatest lesson of all.

It is true that the aristocracies seem to have abused their monopoly of legal knowledge; and at all events their exclusive possession of the law was a formidable impediment to the success of those popular movements which began to be universal in the western world.

Whereas a competitive firm must sell at the market price, a monopoly owns its market, so it can set its own prices. Since it has no competition, it produces at the quantity and price combination that maximizes its profits.

We have a history in South Africa of an entrenched white monopoly capital.

The big guys, the big dogs, are going to own everything from the White House to the courthouse.

Many of our constituents have one option for cable TV and one price. Our constituents desire choice.

There are lots of retailers that are now scrambling to emulate the Amazon model, so Amazon does not have a monopoly on same-day distribution or broad selection or low prices. All that said, there are advantages that accrue to the largest player, so I don't see much in the way of Amazon slowing down.

The thing about a real economy is that it actually is like the game of Monopoly in the sense that when one person has all the money, the game is over. And in a game of Monopoly, of course, that's quite charming, but in a real economy, it's much more problematic.

I think competition always produces better results than a monopoly.

Patent monopoly creates a lot of problems. It allows the patentee to charge the maximum to consumers. This may not be a problem if the patented product is a luxury item, like parts that go into a smartphone, but can violate basic human rights if it involves things such as life-saving drugs.

A monopoly on the means of communication may define a ruling elite more precisely than the celebrated Marxian formula of monopoly in the means of production.

The East India Company established a monopoly over the production of opium, shortly after taking over Bengal.

Businessmen are not in business to lose customers, and schools do not exist to free their clients from the agencies of mass persuasion. School and media possess a productive monopoly upon the imagination of a child.

The only way to make sure no bank is too big to fail is to make sure no bank is too big.

Ultimately, I don't think even a five-company platform oligopoly is good for consumer tech. By its very nature, it handicaps independent companies with new ideas. But it will end one day. I just don't know when.

The government enforces a monopoly over the production and distribution of its alleged 'services' and brings violence to bear against would-be competitors. In so doing, it reveals the fraud at the heart of its impudent claims and gives sufficient proof that it is not a genuine protector, but a mere protection racket.

Throughout American economic life, regulatory barriers to entry and competition limit innovation by providing excessive monopoly privileges through copyright and patent laws, restrict occupational choice by protecting incumbent service providers through occupational licensing restrictions, and create artificial scarcity through land-use regulation. They contribute to increased inequality while reducing productivity growth.