Benjamin Graham Quotes

These great forces are in such combination and agreement that it is well-nigh impossible for honest competition to be set up against them.

Domination and monopoly is the name of the game in the web marketplace.

My hope is that we revive 'monopoly' as a core piece of political rhetoric that broadly denotes dominant firms with pernicious powers.

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty or justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary.

Could the garment and appliance industries be in cahoots together, creating an artificial sock demand to keep us buying?

The holder of a monopoly is a sinner and offender.

Every monopoly and all exclusive privileges are granted at the expense of the public.

Scientific journals are monopolies…and when there's a monopoly there's always the opportunity for extra profit.

The most frequent request we get at the FCC is from companies who say, “Please regulate my rival.” The Commission can become a new tool for competitive strategy.

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty or justice.

Regulation is often a way to keep a dominant firm in place.

With less competition, corporations can use their power to raise prices, limit choice for consumers, cut wages for workers, crowd out start-ups and small businesses.

A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate.

In the 1920s, Wall Street was a world that was really dominated by professional speculators and stock pools. These people had a monopoly over information.

Amazon is not a monopoly or a monopsony, and even if it were, that by itself isn't illegal.

Changing technologies, changing marketplaces, and even changing trends in anti-competitive practices have all presented challenges to antitrust enforcement.

Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.

You won't get sued for anticompetitive behavior.

If you allow for a purely capitalistic society, without any type of regulation at all, you will get one monopoly that will eat all of the smaller fish and own everything, and then you'll have zero capitalism, zero competition - it would just be one giant company.

A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.

The testimony and the documentary evidence produced by the Government demonstrate that the Bell System had violated the antitrust laws in a number of ways over a lengthy period of time.

With competition, prices tend to be uniform; with monopoly, prices are uniformly high.

it shall be unlawful for any person engaged in commerce … to substantially lessen competition or tend to create a monopoly in any line of commerce.

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.

There must be reasonable restrictions upon competition else we shall see competition destroyed.