Monopoly Power Quotes

Monopoly power is an illusion in any system in which free competition is allowed.

Regulatory fiat cannot create a market at a technologically interdependent interface. And by the same token, regulation and so-called monopoly power rarely prevail at modular interfaces between stages of value-added technology.

All rent is based on the monopoly power of private owners of certain portions of the globe.

The best of all monopoly profits is a quiet life.

The liberty of a democracy is not safe if the people tolerated the growth of private power to a point where it becomes stronger than the democratic state itself. That in its essence is fascism: ownership of government by an individual, by a group, or any controlling private power.

That, in its essence, is Fascism — ownership of Government by an individual, by a group, or by any other controlling private power.

I had advocated the establishment of a Negro industrial commission. I had gestured against the growth of monopoly power. I had introduced a few civil rights bills.

The mere possession of monopoly power, and the concomitant charging of monopoly prices, is not only not unlawful, it is an important element of the free-market system. The opportunity to charge monopoly prices - at least for a short period - is what attracts 'business acumen' in the first place; it induces risk taking that produces innovation and economic growth.

The dangers of unexamined and unregulated monopoly power, particularly in the state executive, are hardly news. The right reaction is not passive acquiescence.