Monopoly Power Quotes

• 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.

  Franklin D. Roosevelt

  Freedom, Power, Essence

  Roosevelt, Franklin D. (1941). “Public Papers of the Presidents of the United States: F.D. Roosevelt, 1938, Volume 7”, p.305, Best Books on

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• 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.

  Antonin Scalia

  Opportunity, Competition, Risk

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

  David Harvey

  Owners, Certain, Portions

  David Harvey (2001). “Spaces of Capital: Towards a Critical Geography”, p.395, Routledge

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• The best of all monopoly profits is a quiet life.

  Sir John Richard Hicks

  Quiet, Economics, Profit

  1935 Econometrica,'The Theory of Monopoly'.

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

  Franklin D. Roosevelt

  Government, Essence, Political

  "Public Papers of the Presidents of the United States".

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

  John Pugsley

  Competition, Illusion, Monopoly

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

  Noam Chomsky

  Power, Acquiescence, News

  Noam Chomsky (2015). “Because We Say So”, p.108, City Lights Books

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• 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.

  Emanuel Celler

  Rights, Growth, Bills

  Emanuel Celler (1953). “You Never Leave Brooklyn: The Autobiography of Emanuel Celler”

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• 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.

  Clayton Christensen

  Technology, Regulation, Stage

  Source: www.strategy-business.com

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