Margrethe Vestager Quotes

The one thing that I know government is good for is countervailing against monopoly. It's not great at that either, but it's the only force I know that is fairly reliable.

Rules designed to ensure competition ensure that innovators with new ideas can challenge incumbents on a level playing field.

As someone with a deep faith in competition and the market, I also know that markets only work with tough enforcement of the rules that guarantee competition and fair play - and that the pressure to break those rules only gets stronger as the amount of money involved gets larger.

Effective competition requires that traders have large freedom of action when conducting their own affairs.

For consumers to benefit from technology, there has to be fair and open competition. Fair and open competition is the only course we know that can lead to meaningful innovation.

Antitrust law isn't about protecting competing businesses from each other, it's about protecting competition itself on behalf of the public.

Like other antitrust agencies we make our assessment of a merger or antitrust case based on its impact on our jurisdiction, and not on the nationality of the companies. This is exactly what the U.S. antitrust agencies, the Justice Department and the FTC, do.

Our role is to maintain and monitor a framework in which fair competition can flourish.

there are times when we need to step in to make sure that competition works the way it should. By doing that, we help the market to work fairly, because competition gives consumers the power to demand a fair deal. It means that companies know that if they cannot offer good prices or the service that's expected, well, the customers will go somewhere else.

I think we need to have stronger antitrust enforcement.

I'm for strong antitrust enforcement.

Before the monopoly should be permitted, there must be reason to believe it will do some good - for society, and not just for monopoly holders.

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

Vigilant and effective antitrust enforcement today is preferable to the heavy hand of government regulation of the Internet tomorrow.

The economy is governed through cartel agreements and monopoly. The attorney general is the one who's controlling funds. There is no free business in Georgia.

Everybody agrees that you want competition. But you have to have rules of fair competition if you want to have competitors to enter the market.

I talked about the barriers created by monopolies. I said that it was the role of government to break up these monopolies and that we couldn't do it alone.

The only way you can stop the unregulated monopoly ... from gouging ... is to introduce competition.

Tough enforcement of the antitrust laws can help prevent a recurrence of inflation by attacking abuses of economic power.

Possible economies cannot be used as a defense to illegality. Congress was aware that some mergers which lessen competition may also result in economies but it struck the balance in favor of protecting competition.

All the authorities agree that in order to vitiate a contract or combination it is not essential that its result should be a complete monopoly; it is sufficient if it really tends to that end and to deprive the public of the advantages which flow from free competition.

The first is determining how to deal with the great industrial combinations is knowledge of the facts—publicity.

It's not in my mission to work against Euroskepticism; it's my mission to work for fair markets. In antitrust, what is at stake is, in some ways, as old as Adam and Eve because it is about greed, to get more.

I support social market economy. But it only works if there is fair competition.

To create conditions in which competition will be as effective as possible, to prevent fraud and deception, to break up monopolies- these tasks provide a wide and unquestioned field for state activity.