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Quote Author Cited
Don't be the best. Be the only. Sam Wilkin
Spin laws into gold. Sam Wilkin
A license permits broadcasting, but the licensee has no constitutional right to be the one who holds the license or to monopolize a radio frequency to the exclusion of his fellow citizens. There is nothing in the First Amendment which prevents the government from requiring a licensee to share his frequency with others.... There is no sanctuary in the First Amendment for unlimited private censorship operating in a medium not open to all.... It is the right of the viewers and listeners, not the right of the broadcasters, which is paramount.... It is the purpose of the First Amendment to preserve an uninhibited marketplace of ideas in which truth will ultimately prevail, rather than to countenance monopolization of that market, whether it be by the government itself or a private licensee. It is the right of the public to receive suitable access to social, political, esthetic, moral, and other ideas and experiences which is crucial here. That right may not constitutionally be abridged either by Congress or by the FCC. Byron R. White
Combinations [large corporate conglomerates], governed entirely by the law of greed … threaten the integrity of our institutions. John Marshall Harlan
The Americans, in the Spanish system now in place, perhaps more so than ever before, have no other place in society than that of simple consumers; even in this they are burdened with shocking restrictions, such as a ban on the cultivation of European fruit, with control of these products monopolised by the king, a prohibition on factories which not even the peninsula possesses, exclusive commercial privileges even over basic needs, and customs bans between American provinces so that they cannot trade, understand each other or negotiate Simon Bolivar
If we have done anything wrong, send your man to my man and they can fix it up. J. Pierpont Morgan
We draw the line against misconduct. Not against wealth. Theodore Roosevelt
The day of combination is here to stay. Individualism is gone, never to return. John D. Rockefeller
With competition, prices tend to be uniform; with monopoly, prices are uniformly high. Mark Cooper
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. This does not mean that every copyright must prove its value initially. That would be a far too cumbersome system of control. But it does mean that every system or category of copyright or patent should prove its worth. 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. Lawrence Lessig
Malefactors of great wealth Theodore Roosevelt
Web of corruption Criminals of great wealth Apologists for corrupt wealth Powerful wrongdoers Hypocritical baseness Peculiarly flagrant iniquity Flagrant dishonesty Rottenness Greed, trickery and cunning Representatives of predatory wealth Wealth accumulated by iniquity Corrupt men of wealth Law-defying wealth Mammon of unrighteousness Very wealthy criminals Corruption of organized politics Evil eminence of infamy The death knell of the Republic Wealthy malefactors Theodore Roosevelt
The liberty of a democracy is not safe if the people tolerate 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 by any other controlling private power. Franklin D. Roosevelt
The only place you have real monopolies is where government provides them. Milton Friedman
Monopoly is unlawful in Islam. Muhammad
That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital of another corporation engaged also in commerce, where the effect of such acquisition may be to substantially lessen competition between the corporation whose stock is so acquired and the corporation making the acquisition, or to restrain such commerce in any section or community, or tend to create a monopoly of any line of commerce Henry De Lamar Clayton
No bank, banking association or trust company … shall have as a director or other officer or employee any private banker or any director or other officer or employee of any other bank, banking association, or trust company located in the same place Henry De Lamar Clayton
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. Henry De Lamar Clayton
No business is above government, and government must be empowered to deal adequately with any business that tries to rise above government. Franklin D. Roosevelt
I do not expect monopoly to restrain itself. Woodrow Wilson
The use of solar energy has not been opened up because the oil industry does not own the sun Ralph Nader
In areas where competitive markets work well beyond question, they are constantly under attack by government—members of both parties. Richard Epstein
Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony….. Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony… John Sherman
The inequality of bargaining power between employees who do not possess full freedom of association or actual liberty of contract, and employers who are organized in the corporate or other forms of ownership association substantially burdens and affects the flow of commerce, and tends to aggravate recurrent business depressions, by depressing wage rates and the purchasing power of wage earners. United States Congress
The so-called anti-trust laws were intended to prevent the creation of monopolies and to forbid unreasonable profits to those monopolies Franklin D. Roosevelt
Newspapers for centuries enjoyed a virtual monopoly… Those days are gone. The trends are against us. Rupert Murdoch
The managing officers were now potentates,--'railroad magnates,' 'railroad kings.' They traveled in state, surrounded by their personal staff, the heads of the different departments, who were almost as important personages as their chiefs. When they visited a town on their lines, the principal business men rushed to greet them. The fat of the land was at their disposal. Merchants sent baskets of champagne to the heads of the traffic departments and sealskin jackets to their wives, while on the other hand, special rates were liberally bestowed upon their favorites. Special clerks were required to be wholly employed in issuing free passes. Judges and juries seemed to have a perceptible bias in their favor, the brightest attorneys were retained, and minor officials were glad to grant them favors. The country press was subsidized with passes for editors, their families and their friends. Alpheus Beede Stickney
The opinion among railway managers seems generally to prevail, that their will is the supreme law Cadwallader Washburn
In this country in colonial days the laws were very strict against combinations and contracts in restraint of trade. But here again there was a gradual amelioration of the laws, until co-operation was permitted along many lines, including division of territory, limitation of output, and even fixing of prices; provided always that, as a result of the co-operation, the combinations or contracts did not result in monopoly, were not general, were not immoral, and were not contrary to public policy. Charles R. Van Hise
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. Adam Smith
Each year, $55 Billion occur in closing costs, and people can’t shop around for them. Alphonso Jackson
Both the capitalist and state-socialist form of concentration and monopolization of economic power yield destructive forms of economic growth which contaminate and destroy the very basis of human and natural life. Green Party
The railroads were built at the expense of the destruction of agriculture. Fyodor Dostoevsky
Banks are very big lobbyists. There is a long history in this country of prohibiting companies not in banking to get into the banking business. Charles Fishman
The holder of a monopoly is a sinner and offender. Muhammad
“If the United States…can pass laws to block media cross ownership within one market to protect the diversity of voices, then we in Canada must ask ourselves why we do not seem to attach the same importance to that important principle. Paul Schneidereit
Any property, any enterprise, the running of which has or acquires the character of a national public service or of a de facto monopoly, must become public property. France
Iowa Idea Anonymous
Laboring men of America, the voices of 1776 ring down through the corridors of time and tell you to strike monopolies and combinations that are eating out the heart of the Nation. Not with glittering musket, flaming sword or deadly cannon, but with the silent, potent and all-powerful ballot, the only vestige of liberty left. Anonymous
We ... deceive ourselves in believing that competition can secure for the public fair treatment in such cases. Henry Adams
Theodore betrays his friends for his own ambition. Henry Adams
Money is like muck, not good except it be spread. Francis Bacon
The United States, along with other major democracies, is moving swiftly toward media control by a handful of gigantic multi-national corporations. Benjamin H. Bagdikian
You can ride from England to China on regular lines of steamships and railroads without once passing from the protecting hollow of Mr. Morgan’s hand. Ray Stannard Baker
There is more danger from monopolies than from combinations of workingmen [unions.] George Bancroft
Monopolies have good sides to them as well as bad sides to them. William P. Barr
No you wouldn’t. Not if I were there … It is my party as much as yours, and I answer that we should offer to pay. Victor L. Berger
We cannot but resent, that forty thousand people should be impoverished to enrich little more than forty merchants. William Berkeley
We should like to see such legislation as would beggar the lot of them and confiscate their roads, lands, rolling stock and all that is theirs.... These men have set themselves apart—have divorced their interests from those of all other classes. They have deliberately antagonized civilization and affronted humanity. Their methods are so exceptional that they can be reached only by exceptional methods. They have presumed on our reluctance to apply them. Ambrose Bierce
The only way you can stop the unregulated monopoly ... from gouging ... is to introduce competition. Fredrick C. Boucher
[Monopolies are:] ... the bane of our body politic at the present day. Joseph P. Bradley
There must be reasonable restrictions upon competition else we shall see competition destroyed. Louis D. Brandeis
The power of groups of men organized by incorporation ... or of small knots of rich men acting in combination has developed with unexpected strength in unexpected ways, overshadowing individuals and even communities, and showing that the very freedom of association which men sought to secure by law when they were threatened by the violence of the potentates may, under the shelter of law, ripen into a new form of tyranny. James Bryce
The time has come to disregard the exemption. Baseball is no longer a sport. Jim Bunning
When bad men combine, the good must associate; else they will fall, one by one, an unpitied sacrifice in a contemptible struggle. Edmund Burke
We cannot admit rivals to the East, or even the central parts of Africa Henry Howard Molyneux Herbert Carnarvon; 4th earl of Carnarvon; Baron Porchester of Highclere
We'll have nothing to fear. Andrew Carnegie
I would fill the penitentiaries and jails of the United States so full of Trust magnates that their arms and legs would stick out the windows. James B. Clark
The existence of immense aggregations of kindred enterprises and combinations of business interests formed for the purpose of limiting production and fixing prices is inconsistent with the fair field which ought to be open to every independent activity. Legitimate strife in business should not be superseded by an enforced concession to the demands of combinations that have the power to destroy, nor should the people to be served lose the benefit of cheapness which usually results from wholesome competition. Grover Cleveland
We discover that the fortunes realized by our manufacturers are no longer solely the reward of sturdy industry and enlightened foresight, but that they result from the discriminating favor of the government. Grover Cleveland
As we view the achievements of aggregated capital, we discover the existence of trusts, combinations, and monopolies, while the citizen is struggling far in the rear or is trampled to death beneath an iron heel. Corporations, which should be the restrained creatures of the law and the servants of the people, are fast becoming the nation's masters. Grover Cleveland
[Americans are] trampled to death beneath the iron heel [of monopolies and trusts.] Grover Cleveland
The trusts and combinations—the communism of self—whose machinations have prevented us from reaching the success we deserved, should not be forgotten or forgiven. Grover Cleveland
Once parties [businesses] merge, the eggs are very difficult to unscramble. John Cuneo
I’m a big fan of the free market system but the free market system works [only] when you have robust competition. Bryan L. Dorgan
One aspect of modern life which has gone far to stifle men is the rapid growth of tremendous corporations ... The disappearance of free enterprise has led to a submergence of the individual in the impersonal corporation. William O. Douglas
Gunpowder Trade Association Dupont Corporation
Tough enforcement of the antitrust laws can help prevent a recurrence of inflation by attacking abuses of economic power. Lewis A. Engman
The prince should try to prevent too great an inequality of wealth .... prevent the wealth of the multitude from being hoarded by a few. Desiderius Erasmus
Among inalienable rights was the right to pursue any lawful business or vocation. Stephen J. Field
The force of microelectronics will blow apart all of the monopolies, hierarchies, pyramids and power grids of established industrial society. George Gilder
We live in an atmosphere of organization .... Men are learning the disadvantages of isolated action. Whether or not we approve of trusts and trades-unions and similar combinations, and whatever their motives, they rest on a foundation which is sound alike from the business and religious standpoint; namely, the principle of union and co-operation. John M. Glenn
The issue is whether the trusts or the people shall rule …whether the Railroad [Louisville & Nashville Railroad] is the servant or the master of the people. William Goebel
The organization of American society is an interlocking system of semi-monopolies, notoriously venal, an electorate notoriously unenlightened, misled by mass media notoriously phony. Paul Goodman
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. Harold H. Greene
Capital is good; the capitalist is a helper if he is not also a monopolist. We can safely let any one get as rich as he can if he will not despoil others in doing so. Henry George
[The legislature] has no right to give monopolies of legal privilege—to bestow unequal portions of our common inheritance on favorites. William Findley
Competition doesn't work well in the transportation business. Albert Fink
Never in the history of the world have corporations and monopolies been allowed to exist and thrive and extort money from the people as they are doing right now under our very noses. John F. Fitzgerald
I do not dread these corporations as instruments of power to destroy this country, because there are a thousand agencies which can regulate, restrain and control them. Benjamin H. Hill
The trusts are getting less than lawful rates from the railroads. Oliver Wendell Holmes Jr.
I believe with $200,000 I can pass our bill. I do not think we can get any legislation this session for land grants or changing line of road unless we pay more for it than it is worth. Collis Potter Huntington
Americans ... are ruled by the Boss and the Trust. William Ralph Inge
Every monopoly and all exclusive privileges are granted at the expense of the public. Andrew Jackson
The mischief springs from the power which the monied interest derives from a paper currency, which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining in the different states. Andrew Jackson
Enquire and examine, whether a greater freedom of trade and an exemption from the restraint of exclusive companies, would not be beneficial. James I
Since smoking might injure your health, let’s be careful not to smoke too much. Japan
Great Britain's governing principles are conquest, colonialization, commerce, monopoly. Thomas Jefferson
The tendency of the legislation of this country is to build up monopolies, ... to concentrate power in the hands of the few. Andrew Johnson
I believe in municipal ownership of all public service monopolies for the same reason that I believe in the municipal ownership of waterworks, of parks, of schools. I believe in the municipal ownership of these monopolies because if you do not own them, they will own you. They will rule your politics, corrupt your institutions, and finally destroy your liberties. Tom L. Johnson
We must be together; our masters are joined together and we must do the same thing. Mary Harris Jones; Mother Jones
Robber Barons Matthew Josephson
The few ... write their plans and scheems by asotiations, conventions and correspondence with each other .... Their professions are often called together and know each others mind ... William Manning
The people were told in the last campaign that trusts [corporate monopolies] were a natural evolution, and that the only way to deal with them was to regulate them. The people are tired of being told such things. What they want is the kind of opportunity that formerly existed in this country. Thomas R. Marshall
There is no mutuality of interests ... between capital and labor. It is the iron heel of a soulless monopoly, crushing the manhood out of sovereign citizens. George Edwin McNeill
Telephone and cable monopolies were positioning themselves to compete with one another. Howard M. Metzenbaum
Where you have a monopoly the American public will get gouged. It's as simple as that. Howard M. Metzenbaum
All the banks in Christendom could not control money. J. Pierpont Morgan
We started as a small newspaper company and grew by providing competition and innovation in stale, near monopolistic markets. Rupert Murdoch
The time has come when the Executive branch of this Government must enforce the plain letter of the law and check monopoly, or it must turn the people over boldly into the hands of exploiters grown impudent and ruthlessly aggressive through long years of wanton violation of the law. Robert M. La Follette
I fear that the court has done what the trusts wanted it to do and what Congress has steadily refused to do. Robert M. La Follette
The consumer knows that his prices are made for him by those who control the avenues of trade and the highways of commerce. Robert M. La Follette
The executive [President] could have saved the people from the appalling conditions which confront us today, if all the power of this government had been put forth to enforce the [Sherman] Anti-Trust law. Robert M. La Follette
The great issue before the American people today is the control of Government and industry by private monopoly. Robert M. La Follette
To control the American market is to own America. Robert M. La Follette
… a union of power in the same hands over industry, commerce and finance, with a resulting power over public affairs. Frederich William Lehmann
Imperialism is the monopoly stage of capitalism. Vladimir Lenin
Certain forms of property must be reserved to the state, since they carry with them an opportunity of domination too great to be left to private individuals without injury to the community at large. Leo XIII
These capitalists generally act harmoniously and in concert, to fleece the people. Abraham Lincoln
Liberty and monopoly cannot live together. Henry Demarest Lloyd
We oppose monopoly, the tendency of which is to make the rich richer and the poor poorer. Belva Lockwood
Sieur de Monts desired to attempt what had been given up in despair, and requested a commission for this purpose of his Majesty, being satisfied that the previous enterprises had failed because the undertakers of them had not received assistance … He proposed to his Majesty a means for covering these expenses, without drawing any thing from the royal revenues; viz., by granting to him the monopoly of the fur-trade in this land Samuel de Champlain
It is therefore Ordered by the Lords and Commons in Parliament, That no Order or Declaration of both, or either House of Parliament shall be printed by any but by order of one or both the said Houses: Nor other Book, Pamphlet, paper, nor part of any such Book, Pamphlet, or paper, shall from henceforth be printed, bound, stitched or put to sale by any person or persons whatsoever, unless the same be first approved of and licensed under the hands of such person or persons as both, or either of the said Houses shall appoint for the licensing of the same England
It has pleased us to promise and assure him that none of our subjects but himself [Sieur de Monts] shall be permitted to trade in pelts and other merchandise, for the period of one year only, in the lands, regions, harbors, rivers, and highways throughout the extent of his jurisdiction: Henry of Navarre; Henry IV
This state shows every need for a constructive administration, devoted to the protection and expansion of labor and capital, industry, and agriculture, all working toward the efficiency of our courts, public schools, freedom in religious beliefs and reduction in taxation and burdens of government, and toward liberating our state and our institutions from the ever growing modern tendency of monopoly and concentration of power Huey P. Long
Scientific journals are monopolies…and when there's a monopoly there's always the opportunity for extra profit. John McCarthy
Global capitalism means that people are no longer confined by the decisions of national elites. These could be the local monopolies, the local powers, politicians, and so on. By making local powers compete or by bypassing them altogether, globalization gives people more freedom to decide. Johan Norberg
It is essential that there be organization of labor…. Capital organizes and therefore labor must organize. Theodore Roosevelt
I asked a man in prison once how he happened to be there and he said he had stolen a pair of shoes. I told him if he had stolen a railroad he would be a United States Senator Mother Jones; Mary Harris Jones
Efficiency does not grow indefinitely with increasing size. Louis D. Brandeis
The railway monopoly is so exorbitant that a company can ruin at will an industry or a town by differential or preferential tariffs. The danger to which society is exposed by the private ownership of the means of transport is so keenly felt that in France, England and the United States, many capitalists in their own interests demand the nationalization of the railways Paul Lafargue
For thousands of years, the natural tendency of elites everywhere has been to monopolize power rather than restrain it. Larry Diamond
There are always giants out there trying to strangle the innovator and steal his innovation. Harold Evans
No presses should be set up or used except those in London and one in the University at Cambridge and one at the University in Oxford. That every printer should within 10 days render an inventory of his implements; upon pain to the delinquent of having the same utterly demolished, and of being imprisoned twelve months … no press should be set up in any obscure place; upon pain to the offender of imprisonment for one year, and also of being disabled forever from using his trade ..:. No new presses should be set up, and that none set up within the six months last past should be used, until their excessive number should have been so reduced as might seem good to the Archbishop of Canterbury and the Bishop of London ; upon pain to the offender of the destruction of his implements, and of imprisonment for a year : That no one should print any book against the meaning of any law of the realm or injunction of her Majesty, nor should any one print any book at all unless the same be first read by the- Archbishop of Canterbury or by, the Bishop of London ; under pain to the printer in either case of being disabled from any practice of printing and of being imprisoned six months: That sellers or binders of any such books should be imprisoned three months: And that the wardens of the Company of Stationers might search for all such books wherever they should have reasonable cause of suspicion, and destroy all presses and other instruments set up or used contrary to the meaning of this decree. John Whitgift
What we call Monopoly is Business at the end of its journey. The concentration of wealth, the wiping out of the middle classes, are other names for it. To get it is, in the world of affairs, the chief end of man. Henry Demarest Lloyd
I sincerely regret the loss of that set of men who are called yeomen . . . who really kept up the independence of the nation, and I am loth to see their lands now in the hands of monopolizing lords. Arthur Young
Trade will no longer lie at the mercy of ignorant and reckless politicians, or at the mercy, no less to be deprecated, of a few purse-proud, domineering, dictatorial bank directors, who care not what mischief they do if they can but perpetuate their own exclusive privileges. Richard Hildreth
Adequate relief in a monopolization case should put an end to the combination and deprive the defendants of any of the benefits of the illegal conduct, and break up or render impotent the monopoly power found to be in violation of the Act. William O. Douglas
The Sherman Act was designed to be a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade. It rests on the premise that the unrestrained interaction of competitive forces will yield the best allocation of our economic resources, the lowest prices, the highest quality and the greatest material progress, while at the same time providing an environment conducive to the preservation of our democratic political and social institutions. Hugo Black
There are certain agreements or practices which because of their pernicious effect on competition and lack of any redeeming virtue are conclusively …. Among the practices which the courts have heretofore deemed to be unlawful in and of themselves are price fixing, division of markets, group boycotts, and tying arrangements. Hugo Black
To put a halt to what it considered to be a rising tide of concentration in American business, Congress, with full power to do so, decided to clamp down with vigor on mergers … on the premise that mergers do tend to accelerate concentration in an industry. Many believe that this assumption of Congress is wrong, and that the disappearance of small businesses with a correlative concentration of business in the hands of a few is bound to occur whether mergers are prohibited or not. But it is not for the courts to review the policy decision of Congress… Hugo Black
No person shall display for sale any meat described as Jewish Meat in a public place unless engaged by the Jewish Congregation of Shereth Israel. New York City
… to gag us from speaking truth, and discovering the tyrannies of bad men. John Lilburne
Eliminate all forms of monopolistic market power, to include the breakup of large oligopolistic corporations and application of anti-trust laws to labor unions. A Federal incorporation law could be used to limit corporation size and where technology required giant firms for reasons of low cost production the Federal government should own and operate them. Henry C. Simons
The Union Pacific Railroad is … a mendacious monopoly. Harrison Grey Otis
The granting of monopolies, or exclusive privileges to individuals or corporations, is an invasion of the right of others to choose a lawful calling, and an infringement of personal liberty. Joseph P. Bradley
In my view, a law which prohibits a large class of citizens from adopting a lawful employment, or from following a lawful employment previously adopted, does deprive them of liberty as well as property, without due process of law. Their right of choice is a portion of their liberty; their occupation is their property. Such a law also deprives those citizens of the equal protection of the laws… Joseph P. Bradley
if the exclusive privileges conferred upon the Louisiana corporation can be sustained, it is not perceived why exclusive privileges for the construction and keeping of ovens, machines, grindstones, wine-presses, and for all the numerous trades and pursuits for the prosecution of which buildings are required, may not be equally bestowed upon other corporations or private individuals, and for periods of indefinite duration. Stephen J. Field
If exclusive privileges of this character [monopolies] can be granted to a corporation of seventeen persons, they may, in the discretion of the legislature, be equally granted to a single individual. If they may be granted for twenty-give years they may be equally granted for a century, and in perpetuity. If they may be granted for landing and keeping of animals intended for sale or slaughter they may be equally granted for the landing and storing of grain and other products of the earth, or for any article of commerce. If they may be granted for structures in which animal food is prepared for market they may be equally granted for structures in which farinaceous or vegetable food is prepared. They may be granted for any of the pursuits of human industry, even in its most simple and common forms. Indeed, upon the theory on which the exclusive privileges granted by the act in question are sustained, there is no monopoly, in the most odious form, which may not be upheld. Stephen J. Field
If, as you say, the success of commercial society depends upon the full play of competition, why do not you and your confreres turn your attention and direct the shafts of your attacks against the trusts and corporations Samuel Gompers
All chartered monopolies, not regulated and controlled by law, have proved in that respect detrimental to the public prosperity, corrupting in their management, and dangerous to republican institutions. Illinois State Farmers' Association
Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony John Sherman
In the society of to-day the means of production are a monopoly of the capitalistic class; the dependence of the working classes which results from this is the cause of misery and of servitude in all its forms. Socialist Labor Party of Germany
These men no longer see the enemy in the bourgeoisie, they see him in the communists. They are afraid of competition; instead of leaders they have become bankers of men in a monopoly situation, and the least hint of competition makes them crazy with terror and despair. Antonio Gramsci
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. William Howard Taft
Historians, studying us, will say that we allowed corporations to become the government. Michael Moore
The Union Pacific Railroad is … a mendacious monopoly. Harrison Grey Otis
Monopolies, whether private or governmental, are always abused by those who hold them. John Steele Gordon
No matter how large, efficient, and mature … industries become, they continue to demand protection, and thanks to their wealth and political power, they get it. The longer they live, the bigger babies they are. William Graham Sumner
The national Chamber of Commerce does not represent Main Street in Peoria. It represents Main Street in Shanghai. Ernest F. Hollings
Some people think the Federal Reserve Banks are the United States government's institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers. Louis Thomas McFadden
Out of this modern civilization, economic royalists carved new dynasties. New kingdoms were built upon concentration of control over material things. Through new uses of corporations, banks and securities, new machinery of industry and agriculture, of labor and capital - all undreamed of by the Fathers - the whole structure of modern life was impressed into this royal service. Franklin D. Roosevelt
Abuses and perversions will of course arise and multiply in the administration of the public bounty DeWitt Clinton
… navigating all boats that might be propelled by steam, on all waters within the territory, or jurisdiction of the State, for the term of twenty years. New York State
When we seek to reinstate the self-confidence and business enterprise of our citizens by discrediting an abject dependence upon governmental favor, we strive to stimulate those elements of American character which support the hope of American achievement. Grover Cleveland
That an enormous proportion of property vested in a few individuals is dangerous to the rights, and destructive of the common happiness, of mankind, and that every free state hath a right by its laws to discourage the possession of such property. Anonymous
These great forces are in such combination and agreement that it is well-nigh impossible for honest competition to be set up against them. Robert Lee Henry
The Republican Party is the open and avowed handmaiden of the trusts. William Randolph Hearst
... the wrong and evils of the money-piling tendency of our country ... giving all power to the rich and bringing in pauperism. Rutherford B. Hayes
[Monopolies and trusts are:] dangerous conspiracies against the public good. Benjamin Harrison
I do not like... the omission of a bill of rights providing clearly and without the aid of sophisms for freedom of religion, freedom of the press, protection against standing armies, restriction against monopolies, the eternal and unremitting force of the habeas corpus laws, and trials by jury in all matters of fact triable by the laws of the land …. A bill of rights is what the people are entitled to against every government on earth, general or particular; and what no just government should refuse, or rest on inferences Thomas Jefferson
… strong national regulation of interstate corporations Theodore Roosevelt
The citizens of the several States composing the Union are entitled, of right, to buy goods in the State where they are manufactured, or in any other State, without being confronted by an illegal combination whose business extends throughout the whole country, which by the law everywhere is an enemy to the public interests, and which prevents such buying, except at prices arbitrarily fixed by it. I insist that the free course of trade among the States cannot coexist with such combinations. John Marshall Harlan
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. Melville Fuller
Abolish all monopolies of agricultural produce, or of every other articles whatsoevader, adeas well as all permits from the local governors, either for the purchase of any article, or for its removal from one place to another when purchased, any attempt to compel the citizens of the United States of America to receive such "permits" from the local governors shall be considered as an infraction of this treaty, and the Sublime Porte shall immediately punish with severity any viziers, or other officers, who shall have been guilty of such misconduct, and shall render full justice to citizens of the United States of America for all losses or injuries which they may duly prove themselves to have suffered thereby. Ottoman Empire; United States; Turkey
The real rulers in Washington are invisible and exercise power from behind the scenes. Felix Frankfurter
Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people Theodore Roosevelt
The media, famously called the marketplace of ideas, is a failed market when a strong interest faces no like interest to generate competing ideas. Benjamin H. Friedman
I don’t like monopolies when I see them. Rupert Murdoch
Inventions then cannot, in nature, be a subject of property. Society may give an exclusive right to the profits arising from them, as an encouragement to men to pursue ideas which may produce utility, but this may or may not be done, according to the will and convenience of the society, without claim or complaint from any body. Thomas Jefferson
The power to regulate commerce does not look to the principle by which boats were moved. That power was left to individual discretion. The act demonstrates the opinion of Congress that steamboats may be enrolled and licensed in common with vessels using sails. They are, of course, entitled to the same privileges and can no more be restrained from navigating waters and entering ports, which are free to such vessels, than if they were wafted on their voyage by the winds instead of being propelled by the agency of fire. The one element may be as legitimately used as the other, for every commercial purpose authorized by the laws of the river, and the act of a State inhibiting the use of either to any vessel, having a license under the act of Congress, comes, we think, in direct collision with that act. The acts of the Legislature of the State of New York, granting to Robert R. Livingston and Robert Fulton the exclusive navigation of all the waters within the jurisdiction of that State, with boats moved by fire or steam, for a term of years, are repugnant to that clause of the constitution of the United States, which authorizes Congress to regulate commerce, so far as the said acts prohibit vessels licensed, according to the laws of the United States, for carrying on the coasting trade, from navigating the said waters by means of fire or steam. John Marshall
The State hereby grants the exclusive privilege of navigating all boats that might be propelled by steam, on all waters within the territory, or jurisdiction of the State, for the term of twenty years. New York State
There is nothing in our government that the ballot cannot remove or amend. It can make and unmake presidents and congresses and courts.... It can sweep over trusts, syndicates, corporations, monopolies and every other development of the money power. Eugene V. Debs
Anyone who has had even a mild illness knows that the cost of drugs is alarmingly high, and year by year becomes more of a burden, especially to the lower-income families. Modern drugs, like other advances in medicine and surgery, have meant that many more people are alive and well today than would have been a decade ago. Certainly, we must be prepared to pay whatever is necessary for the production and advancement of these life-saving drugs and techniques. I was shocked, however, by the revelations … that price-fixing and monopolistic practices have raised the cost of drugs far above what is reasonable or necessary. Eleanor Roosevelt
We have … a clear mandate from the people, that Americans must forswear that conception of the acquisition of wealth which, through excessive profits, creates undue private power over private affairs and, to our misfortune, over public affairs as well. Franklin D. Roosevelt
We seek the definite end of preventing combinations in furtherance of monopoly and in restraint of trade Franklin D. Roosevelt
In the past few months, as a result of our action, we have demanded of many citizens that they surrender certain licenses to do as they please in their business relationships; but we have asked this in exchange for the protection which the state can give against exploitation by their fellow men or by combinations of their fellow men. Franklin D. Roosevelt
The railroads are not run for the benefit of the 'dear public' — that cry is all nonsense — they are built by men who invest their money and expect to get a fair percentage on the same William Henry Vanderbilt
The public be damned. What does the public care for railroads except to get as much out of them for as small a consideration as possible? I don't take any stock in this silly nonsense about working for anybody's good but our own, because we are not. When we make a move, we do it because it is in our interest to do so, and not because we expect to do somebody else good. William Henry Vanderbilt
State Socialism … may be described as the doctrine that all the affairs of men should be managed by the government, regardless of individual choice. Marx, its founder, concluded that the only way to abolish the class monopolies was to centralize and consolidate all industrial and commercial interests, all productive and distributive agencies, in one vast monopoly in the hands of the State. The government must become banker, manufacturer, farmer, carrier, and merchant, and in these capacities must suffer no competition. Benjamin Tucker
It was at this point — the necessity of striking down monopoly — that came the parting of their ways [of Socialists and Anarchists]. Here the road forked. They found that they must turn either to the right or to the left, — follow either the path of Authority or the path of Liberty. Marx went one way; Warren and Proudhon the other. Thus were born State Socialism and Anarchism. Benjamin Tucker
Monopoly and privilege must be destroyed, opportunity afforded, and competition encouraged. This is Liberty's work. Benjamin Tucker
The trust saga is full of “scandals, deception, dirty tricks and outright villainy,” says the presiding judge. Royce C. Lamberth
New Yorkers pay a price of untold millions to the great private monopolies every year an excessive price because these monopolies use their power to defeat effective regulation.- Norman Thomas; Paul Beecher
As liberty can never subsist without equality, nor equality be long preserved without an agrarian law, or something like it; so when men’s riches are become immeasurably or surprisingly great, a people, who regard their own security, ought to make a strict enquiry how they came by them, and oblige them to take down their own size, for fear of terrifying the community, or mastering it. John Trenchard
Restrict the right of the rich to buy up any anything and everything, and then to exercise a kind of monopoly. Thomas More
After 12 years in the major leagues, I do not feel that I am a piece of property to be bought and sold regardless of my wishes. Curt Flood
Monopoly of one kind or another, indeed, seems to be the sole engine of the mercantile system. Adam Smith
To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation. Adam Smith
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. Adam Smith
… capitalism is being killed by its achievements. Joseph A. Schumpeter
In law school, I never understood [antitrust law]. I later found out, in reading the writings of those who now do understand it, that I should not have understood it because it did not make any sense then. Antonin Scalia
While the law [of competition] may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department. We accept and welcome, therefore, as conditions to which we must accommodate ourselves, great inequality of environment, the concentration of business, industrial and commercial, in the hands of a few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race. Andrew Carnegie
The hand that rules the press, the radio, the screen, and the far spread magazine, rules the country. Learned Hand
When I came into the oil there was chaos. I brought order…. It was done the way it was because that was the way it had to be done. John D. Rockefeller
Oil is what this country runs on. You call it monopoly. I call it enterprise. John D. Rockefeller
When monopolies succeed, the people fail; when a rich criminal escapes justice, the people are punished; when a legislature is bribed, the people are cheated…. The nation is the engine of the people. They must use it for their industrial life, as they used it in 1861 for their political life. The States have failed. The United States must succeed, or the people will perish. The Atlantic Monthly
What has happened in the case of the Standard Oil Company may happen in other lines of business …. what is to prevent commerce in the rest of the great staples from being monopolized in a similar manner? Already it is taking this course. One or two firms in Baltimore, Philadelphia, New York, and Boston, with their branch houses in the West, are, by the favor of the railroads, fast monopolizing the export trade in wheat, corn, cattle, and provisions, driving their competitors to the wall with absolute certainty, breaking down and crushing out the energy and enterprise of the many for the benefit of the favored few. Chamber of Commerce
All agreements for the transportation of oil after this date shall be upon a basis of perfect equality Cornelius Vanderbilt
I fear that unless the general government will assume the responsibility of order throughout the land, the anarchy which is now present will become more terrible than has ever been known in the history of the world. Thomas A. Scott
Kerosene has become, by its cheapness, the people’s light the world over … Very few of the forty millions of people in the United States who burn kerosene know that its production, manufacture, and export, its price at home and abroad, have been controlled for years by a single corporation—the Standard Oil Company…. The Standard produces only one fiftieth or sixtieth of our petroleum, but dictates the price of all, and refines nine tenths. Circulars are issued at intervals by which the price of oil is fixed for all the cities of the country, except New York, where a little competition survives … This corporation has driven into bankruptcy, or out of business, or into union with itself, all the petroleum refineries of the country except five in New York, and a few of little consequence in Western Pennsylvania … Henry Demarest Lloyd
Practicing antitrust lawyers and government antitrust lawyers are a kind of priesthood spinning ever more gossamer refinements of the antitrust commandments. Leland Hazard
… businessmen must compete, but no one may win the competition. It is this aspect of antitrust which creates two standards, one for big business, another for small business. No matter how vicious the competition of the little fellow, the big fellow must not countercompete too hard. Leland Hazard
What is really at stake here is the survival of the kind of economy under which this country has grown great, the free-enterprise system J. Cullen Ganey
America was not discovered. America was built. History Channel
President McKinley has not been unmindful of the evil of the commercial combinations which will always go by the misnomer "trusts." He did all that he could do to meet them under the law through the Department of Justice, and all that he could do to strengthen the law by recommendations to Congress Henry B.F. Macfarland
… the unjust institutions which work so much misery and suffering to the masses have their root in governments, and owe their whole existence to the power derived from government. Lucy E. Parsons
The industrial revolution was accomplished by a group of financial titans, whose methods were not scrutinized with too much care, and who were honored in proportion as they produced the results, irrespective of the means they used. Franklin D. Roosevelt
Most lobbying is pro-business, in the sense that it promotes the interests of existing businesses, not pro-market in the sense of fostering truly free and open competition. Luigi Zingales
The world petroleum story is one of the most inhuman known to man: in it, elementary moral and social principles are jeered at. If powerful oil trusts no longer despoil and humiliate our country it is not because these predators have become human, but because we have won a hard-fought battle which has been going on since the beginning of the century. Mohammed Reza Pahlavi
… this little group of men who not only enjoy a right of instant rebuttal to every presidential address, but more importantly, wield a free hand in selecting, presenting, and interpreting the great issues of our nation.... The American people would rightly not tolerate this kind of concentration of power in government. Is it not fair and relevant to question its concentration in the hands of a tiny and closed fraternity of privileged men, elected by no one, and enjoying a monopoly sanctioned and licensed by government? Spiro Agnew
One of the very most useful of all inventions, but rendered almost worthless & a cold & deliberate theft & swindle by the black scoundrelism & selfishness of the companies of chartered robbers who conduct it. Mark Twain
A railroad is a ravenous destroyer of towns, unless those towns are put at the end of it and a sea beyond, so that you can't go further and find another terminus. And it is shaky trusting them, even then Mark Twain
Invisible government Theodore Roosevelt
Big oil, big steel, big agriculture avoid the open marketplace. Big corporations fix prices among themselves and thus drive out of business the small entrepreneur. Also, in their conglomerate form, the huge corporations have begun to challenge the very legitimacy of the state. Gore Vidal
… the rules of big business … have superseded the teachings of our parents and are reducible to a simple maxim: Get a monopoly; let Society work for you: and remember that the best of all business is politics, for a legislative grant, franchise, subsidy or tax exemption is worth more than a Kimberly or Comstock lode, since it does not require any labor, either mental or physical, for its exploitation” Frederic C. Howe
… both the extreme right and the extreme left of the conventional political spectrum are absolutely collectivist. The national socialist (for example, the fascist) and the international socialist (for example, the Communist) both recommend totalitarian politico-economic systems based on naked, unfettered political power and individual coercion. Both systems require monopoly control of society. Antony Cyril Sutton
Every man is equally entitled to protection by law; but when the laws undertake to add… artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society -- the farmers, mechanics, and laborers -- who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their government. Andrew Jackson
A power over a man's subsistence amounts to a power over his will. Alexander Hamilton
It is the growing custom to narrow control, concentrate power, disregard and disfranchise the public; and assuming that certain powers by divine right of money-raising or by sheer assumption, have the power to do as they think best without consulting the wisdom of mankind. W. E. B. Du Bois
Hirelings of monopoly Arthur Desmond
The dynasty of Cotton is based on the monopoly of the cotton-culture in the Cotton States of the Union; its whole policy is directed to the two ends of making the most of and retaining that monopoly; and economically it reduces everything to subserviency to the question of cotton-supply; — thus Cotton is King. The result necessarily is, that the Cotton States have turned all their energies to that one branch of industry. All other branches they abandon or allow to languish. They have no commerce of their own, few manufactories, fewer arts; and in their abandonment of self in their devotion to their King, they do not even raise their own hay or corn, dig their own coal, or fell their own timber;. Charles Francis Adams II
The organized banking interests which own the railroads, control credit, and dominate the industrial life of the nation, will further oppress labor, rob the consumer, and, by extortionate railroad rates and dictation of terms of credit, reduce agriculture to the level of European peasantry, if longer permitted to control this government. Robert M. La Follette
This labor controversy the world over is purely a question of money, and nothing else. There is just enough money in this country to-day to enable the corporations to corner it. Just enough to enable the banks and the usurers to extort usury .... there are three classes of vampires who are sucking up the last drop of the blood of honest toil the land monopolies James Baird Weaver
The building of the transcontinental railroads resulted in an orgy of political corruption. The public lands and the natural resources of coal, of iron, and of timber were lavishly wasted in the great scramble for wealth and material power. The carnival of waste and plunder reached its climax about 1890. Evidences were abundant that the great business interests of the country were controlling the government for their own private benefit. The capitalists who financed the railroads, mines, mills, packing houses, grain elevators, and other great enterprises, received from Congress favors which destroyed competition and enormously increased private fortunes. Fred Emory Haynes
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. Theodore Roosevelt
The hours men and women worked, the wages they received, the conditions of their labor - these had passed beyond the control of the people, and were imposed by this new industrial dictatorship. The savings of the average family, the capital of the small-businessmen, the investments set aside for old age -- other people's money -- these were tools which the new economic royalty used to dig itself in.. Franklin D. Roosevelt
The right path to health-care reform is the market path (no subsidies, no monopolies such as drug patents, no licensure, no anything) that tends toward universal distribution at very low prices and relentless improvement in service. Lew Rockville; Llewellyn H. Jr.
The presumed causes of Americas troubles can be summed up simply: the evils of unlimited competition, and abuses by those with economic power. Charles A. Reich
Every coercive monopoly was created by government intervention into the economy: by special privileges, such as franchises or subsidies, which closed the entry of competitors into a given field, by legislative action. Ayn Rand
There are persons who constantly clamor. They complain of oppression, speculation, and pernicious influence of wealth. They cry out loudly against all banks and corporations, and a means by which small capitalists become united in order to produce important and beneficial results. They carry on mad hostility against all established institutions. They would choke the fountain of industry and dry all streams. Daniel Webster
Regulation is often a way to keep a dominant firm in place. Tim Wu
You know that you’ve really made it when you’ve got anti-trust problems. Anonymous
The monopoly problem mankind has to face today is not an outgrowth of the operation of the market economy. It is a product of purposive action on the part of governments. It is not one of the evils inherent in capitalism as the demagogues trumpet. . Ludwig von Mises
Those politicians, professors and union bosses who curse big business are fighting for a lower standard of living. Ludwig von Mises
The bigness and the economic “power” of the railroad companies did not impede the emergence of the motor car and the airplane. Ludwig von Mises
If the government objects to monopoly prices for new inventions, it should stop granting patents. Ludwig von Mises
The poor man … will be swayed by his sense of injury against the men who try to hold what they have improperly won… the most awful passions will be let loose. Theodore Roosevelt
Most companies in a capitalistic system compete mightily to obtain monopolistic positions so they can avoid capitalistic competition thereafter. Whenever a business person must compete for price, he tends to describe that derisively as a “commodity business” and tries to remedy the situation. Lewis D. Eigen
I don’t remember. John D. Rockefeller
We have to buy our own President J. Pierpont Morgan
Sir, I did not create a monopoly. Nor did I cheat anyone. I simply had the foresight to bid low and take a loss the first couple of years, with a long view in mind. The only thing I am guilty of is running a successful company. William Edward Boeing
We’re far behind [Microsoft]. They are 3 time bigger than we are. They have a monopoly and we don’t—darnit! Larry Ellison
The Mexican oil and gas monopoly, Pemex, literally fuels corruption. Fareed Zakaria
The public as a whole has never benefited from competition. Monopoly is the better choice. The reason is that all costs of aggressive competition are eventually borne, directly or indirectly, by the public. Theodore Newton Vail
The first is determining how to deal with the great industrial combinations is knowledge of the facts—publicity. Theodore Roosevelt
Political economy came into being as a natural result of the expansion of trade, and with its appearance elementary, unscientific huckstering was replaced by a developed system of licensed fraud, an entire science of enrichment. Friedrich Engels
All the marvels of science and the gains of culture belong to the nation as a whole, and never again will man’s brain and human genius be used for oppression and exploitation. Vladimir Lenin; Nikolai
Monopolies are sacrifices of the many to the few … it is much more to be dreaded that the few will be unnecessarily sacrificed to the many James Madison
From Virginia and Maryland are exported communibus annis 90,000 hogsheads of tobacco to Great Britain of which it I supposed 60,000 of them are then exported. But these colonies not being permitted to send their tobacco immediately in proportion to their [foreign] demands, the re-exported tobacco pays double freight, double insurance, commission and other shipping charges. If the [other British] colonies were not restrained from directly importing foreign commodities they would … pay less for them, even by 50 percent, than they do at present Daniel Dulany
If it doesn’t make economic sense, it doesn’t happen William Francis Baxter Jr.
… too big to jail Charles Grassley
The concern that you have raised is one that I frankly share. And I'm not talking about HSBC now, because that may not be appropriate. But I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy. And I think that is a function of the fact that some of these institutions have become too large. Eric Holder
We are steering a course between a kind of computer age Scylla and Charybdis—between the shoals of suffocating regulation on the one side and the rocks of unfettered monopolies on the other. Al Gore
The remarkable economic development of their country under Japanese auspices has not, however, escaped the bitter criticism of the Formosan Chinese. Japan's policy, they believe, is simply that of vicious exploitation. In the early days of the occupation they were robbed of the richest lands in the island by terror and chicanery. The Japanese Government has monopolized the production and sale of camphor, tobacco, salt, opium, sake, and other spirits, the most profitable Formosan industries. The Formosans claim that their resources and labor are exploited by Japanese capitalists, and that the tariff laws give Japan a monopoly of the market and compel them to pay monopoly prices. In a word, it is their belief that the Japanese and a few rich Formosans whose political support they have purchased are the only ones who profit by the development of the country.. Ralston Hayden
We denounce the mercenary system of foreign policy under recent administrations in the interest of financial imperialists, oil monopolists, and international bankers, which has at times degraded our State Department from its high service as a strong and kindly intermediary of defenseless governments to a trading outpost of those interest and concession seekers engaged in the exploitation of weaker nations, as contrary to the will of the American people, destructive of domestic development and provocative of war. Progressive Party
With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves. Milton Friedman
The competition principle does not mean a competitive edge, comrades Todor Zhivkov
The large corporations, commonly called trusts, though organized in one State, always do business in many States, often doing very little business in the State where they are incorporated. There is utter lack of uniformity in the State laws about them; and as no State has any exclusive interest in or power over their acts, it has in practice proved impossible to get adequate regulation through State action. Therefore, in the interest of the whole people, the Nation should, without interfering with the power of the States in the matter itself, also assume power of supervision and regulation over all corporations doing an interstate business. Theodore Roosevelt
The mechanism of modern business is so delicate that extreme care must be taken not to interfere with it in a spirit of rashness or ignorance. Many of those who have made it their vocation to denounce the great industrial combinations which are popularly, although with technical inaccuracy, known as "trusts," appeal especially to hatred and fear. These are precisely the two emotions, particularly when combined with ignorance, which unfit men for the exercise of cool and steady judgment.. Theodore Roosevelt
[President Theodore Roosevelt] has proven himself to be wiser and more resolute than leaders of his party in Congress, who sit supinely in the path of a rising storm of popular indignation and refuse to do anything to ‘disturb the business of protecting monopolies by law. New York World
[The beef trust is] an atrocious conspiracy of greed against need…. Can anyone deny that such absolute control by a few men over the food supply of the nation is in the highest degree hostile to the public welfare. New York World
There is, however, much to be said for the division of this great area [the Ruhr valley], as at present, rather than its union under a single state which would have, in war and peace, a practical monopoly of iron and steel on the Continent. Charles Homer Haskins
That a shortage of crude rubber is likely to be felt by 1928 is indicated by a comparison of the prospective production and consumption for the next few years. It is a picture which cannot be looked upon with complacency…. there are two distinct problems involved: (1) monopoly control of a basic raw material, and (2) a shortage in that raw material developing within a few years. To meet these problems there are two courses open: (1) new planting, and (2) an extension of America's present holdings in the East…. We have to consider, for example, our national defense, especially as concerns the protection of our lines of transport in the remote contingency of war Harry Nichols Whitford
The Chief Rabbinate holds a monopoly on all Jewish marriages in Israel. There is no civil marriage, which leaves an Orthodox marriage as the only option for Jewish couples in Israel. Anat Hoffman
We, the people of the United States, and nobody else, must cure whatever is wrong with the industrial situation, typified by this narrative of the Standard Oil Company. Ida Tarbell
We will throw the highways of commerce open on equal terms to all who use them. Theodore Roosevelt
Look out for the trusts. I hate to leave you here alone with those dreadful corporations, but I can’t very well help it. Be careful of them and don’t let them hurt you while I am away. Theodore Roosevelt
Trusts and Protectionism are robbery of the many to enrich the few.. Democratic Party
All the power of the government will be directed towards the Rockefeller Trust. Theodore Roosevelt
Neither this people or any other free people will permanently tolerate the use of the vast power conferred by vast wealth, and especially by wealth in its corporate form, without lodging somewhere in the government a still higher power of seeing that this power, in addition to being used in the interest of the individual or individuals possessing it, is also to be used for and not against the interests of the people as a whole…. [We must] keep the great highways of commerce open to all on reasonable and equitable terms. Theodore Roosevelt
Perhaps it’ll surprise you but we socialists don’t agree with your rebate agony. The quicker the concentration of wealth is completed the better it suits us…. The point that all you reforming folks seem to miss is that you are locking the stable doors after the horse is gone. The trusts are formed. The big shipper has got the money. Also, with the money he has bought the government. Upton Sinclair
The Republican approach would compel the trusts to conduct their business in a lawful manner while [William Jennings] Bryan and the Democrats would destroy the entire business in order to stamp out the evils which they have practiced. William Howard Taft
Of course we want prosperity, but we wish prosperity in such a way … so that everybody will get his share, and that it will not be confined to a few who monopolize the means of production or the means of transportation, and thus prevent that equality of distribution that we all like to see. William Howard Taft
I esteem it my duty to use every endeavor to prevent this growing monopoly [electric power], the most threatening which has ever appeared, from being fastened upon the people of this nation. Theodore Roosevelt
Copyright is monopoly, and produces all the effects which the general voice of mankind attributes to monopoly ... It is good that authors should be remunerated; and the least exceptionable way of remunerating them is by a monopoly. Yet monopoly is an evil. For the sake of the good we must submit to the evil; but the evil ought not to last a day longer than is necessary for the purpose of securing the good. Thomas Babington Macaulay
On the one side stand the corporate interests of the United States, the moneyed interests, aggregated wealth and capital, imperious, arrogant, compassionless.... On the other side an unnumbered throng, those who gave the Democratic party a name and for whom it has assumed to speak. William Jennings Bryan
Pure-food laws have become necessary to keep manufacturers from poisoning their customers; child labor laws have become necessary to keep employers from dwarfing the bodies, minds and souls of children; anti-trust laws have become necessary to keep overgrown corporations from strangling smaller competitors, and we are still in a death struggle with profiteers and gamblers in farm products. William Jennings Bryan
I insist that the commandment, "Thou shalt not steal," applies as much to the monopolist as to the highwayman. William Jennings Bryan
I will put rings in the noses of these hogs. William Jennings Bryan
Theodore Roosevelt understood that unregulated monopoly could pose an even greater threat than unrestrained government. Gerald R. Ford
Monopolies—the worst of all taxes. William Smyth
Times without number a commercial station manager would call an amateur station and tell him to shut up. Equally as often the reply would be, ‘Who the hell are you?’ or ‘I’ve as much right to the air as you have.’ Clinton B. DeSoto
It was the use of public policy to create economics that favored the big players. There were only a handful of channels. And only some people were going to get them and become fabulously wealthy. Robert McChesney
The insurance companies use their economic power to grind down working people.. James Matthew Hood
Most regulation of trade is by artful men for private advantage under the pretense of public good Benjamin Franklin
Our moneyed man … have rallied under the banner of the millionaire, the banker, and the land monopolist, there railroad king, and the false politicians, to effect their purpose. Denis Kearney
Overly concentrated power, whether in public, private or even in civic hands is an invitation to abuse. Anne-Marie Slaughter
The United States was famously founded as a government of limited powers; suspicion of concentrated private power has surged in periodic waves throughout its history. Anne-Marie Slaughter
Rugged individualism really means the regimentation of the many for the benefit of the few. Rexford Tugwell
I can tell you that the formula works, and works pretty well. You avoid criminals and violence, you refuse their mode of money that nourishes the cartels, and that is a great solution to the violence problem. In relation to the health problem, I have not ever heard of anybody dying from an overdose of marijuana. Vicente Fox
Markets, when left to themselves, can sort of slip into being just the private property of big businesses and cartels, meeting the needs of some businesses and not the needs of customers. Margrethe Vestager
Sometimes, for businesses, competition can be inconvenient, because competition means that the race is never over, the game is never won. No matter how well you were doing in the past, there's always someone who are out there wanting to take your place. So the temptation to avoid competition is powerful. It's rooted in motives as old as Adam and Eve: in greed for yet more money, in fear of losing your position in the market and all the benefits it brings. Margrethe Vestager
it's not only companies who can undermine fair competition. Governments can do it, too. And governments do that when they hand out subsidies to just the favorite few, the selected. They may do that when they hand out subsidies -- and, of course, all financed by taxpayers -- to companies. That may be in the form of special tax treatments, like the tax benefits that firms like Fiat, Starbucks and Apple got from some governments in Europe. Those subsidies stop companies from competing on equal terms. They can mean that the companies that succeed, well, they are the companies that got the most subsidy, the ones that are the best-connected, and not, as it should be, the companies that serve consumers the best. Margrethe Vestager
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. Margrethe Vestager