Randall L. Stephenson Quotes

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.

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.

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

The railroads saw that they must either accept control by the State of control the State.

More and more it is evident that the State and if necessary the Nation, has got to possess the right of supervision and control as regards the great corporations.

Consumers depend on us to make sure that competition is fair and open, and it's my responsibility to make that happen.

While control is needed, and perfectly warranted, our bias should be clear up front: Monopolies are not justified by theory; they should be permitted only when justified by facts. If there is no solid basis for extending a certain monopoly protection, then we should not extend that protection.

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

Monopolies are bad and deserve their reputation when things are static and the monopolies function as toll collectors... But I think they're quite positive when they're dynamic and do something new.

I've never been antiregulation. I've always believed that raw, unregulated capitalism doesn't work.

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.

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 place you have real monopolies is where government provides them.

…society in a modern democracy will not permit unregulated control over production and sale of its necessities.

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

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

The importance of supervising the business of great railways and industrial combinations and the necessary investigation and prosecution of unlawful business methods are another necessary tax upon Government which did not exist half a century ago.

Competition does a much more effective job than government at protecting consumers.

The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum and for determining the “rules of the game”.

The great corporations which we have grown to speak of rather loosely as trusts are the creatures of the State, and the State not only has the right to control them, but it is duty bound to control them wherever the need of such control is shown.

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

I believe that eventually, one of the next big issues that will have to be addressed globally is the role of state-owned enterprises. Because there is a disadvantage that's built in.

We want a free market, but we know that the paradox of a 'free' market is that sometimes you have to intervene. You have to make sure it's not the law of the jungle but the laws of democracy that works.

I think we need to have stronger antitrust enforcement.

There's no doubt we need stronger antitrust enforcement. We shouldn't allow Amazon to privilege its own products on its platform, and we should make sure they're not using sellers' data, but the E.U. is not a model for America to copy.