George Stephenson Quotes

We don't have a monopoly. We have market share. There's a difference.

Standards wars involve lots of variables, and understanding them often seems more an art than a science. They generally involve just two big players, and end in a winner-take-all situation.

Within a market, organizations have interests distinct from and often antagonistic to the market processes that produced and sustain them.

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

It is a free market that makes monopolies impossible.

Monopoly is business at the end of its journey.

When you talk about the economic process of a society, sometimes we separate it into two stories. One is about monetary variables. But then, we very often assume the underlying arrangement, the other variable, is 'perfect competition,' which means people do whatever they are supposed to do.

Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition, all profits get competed away.

Of all human powers operating on the affairs of mankind, none is greater than that of competition.

The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm offers a challenge to the economist that is perhaps as complex as the challenges of the physicist and the chemist.

My claim is that we do not have a market economy, but a capitalist economy.

The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.

Competition is good because we need to educate customers, and Ozon.ru itself will not be able to do it.

Overcoming the myth that there is such a thing as an objectively defined 'free market' is the first step towards understanding capitalism.

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

They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.

Monopolies have good sides to them as well as bad sides to them.

When you’re dealing with a commodity, high productivity means that nobody makes any money.

The breakup was a good thing. It brought competition into a field where there hadn’t been any competition and that’s the American way. Competition brings down price and brings up quality.

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

Competition—ruthless, unforgiving, to-the-death competition—is a crucial feature of capitalism.

… competition has to shoulder the responsibility of explaining all the meaningless ideas of the economists, whereas it should rather be the economists who explain competition.

Competition's a good thing.

Competition is always there.

Google's competitors fail to demonstrate that Google's actions stifle competition rather than reflect pro-consumer innovations.