The great virtue of free enterprise is that it forces existing businesses to meet the test of the market continuously, to produce products that meet consumer demands at lowest cost, or else be driven from the market. It is a profit-and-loss system. Naturally, existing businesses generally prefer to keep out competitors in other ways. That is why the business community, despite its rhetoric, has so often been a major enemy of truly free enterprise.
Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.
Any country that wants to lower its mobile phone rates, all they need to do is bring in an aggressive player.
Dominant companies have a special responsibility to ensure that the way they do business doesn't prevent competition... and does not harm consumers and innovation.
The rule of reason is the true sovereign in the American system.
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.
She was then the European Commissioner for Competition.
If you really want to be competitive in today's market you have to be in movies that make money.
I fully agree with innovation and letting the best product win.
Adaptability and constant innovation is key to the survival of any company operating in a competitive market.
Private Property, the Law of Accumulation of Wealth, and the Law of Competition... these are the highest results of human experience, the soil in which society so far has produced the best fruit.
Mexico is a market economy, but we should have better markets.
Competition means decentralized planning by many separate persons.
The market is so competitive. There are so many products that are similar. So we are forced to invest in innovative research in new products that are one or two years ahead of the market.
It is hard to have a fashion business in any country, but even more difficult in Ireland.
The smart way to improve broadband is not to junk the existing network but to make the most of it. It's to let a competitive market deliver the speeds that people need at an affordable price with government improving infrastructure in the areas where market competition won't deliver it.
My worldview says that competition is the consumer's best friend.
The market system makes all producers responsible to the consumer.
There was a time and a place when a pure content start-up had a chance, and that time has passed.
Market competition is the only form of organization which can afford a large measure of freedom to the individual.
Sometimes you read pilots and, understandably, they're doing such a frantic tap dance for approval. I get why - it's such an incredibly competitive market.
Beware of that profound enemy of the free enterprise system who pays lip-service to free competition, but also labels every antitrust prosecution as a persecution.
I mean the business is just so rough man, people always think the business is easy, and the business is very rough. This is probably the worst business that you can get in, as far as, business-wise.
The free market is not a god; we have to do everything we can to make the market competitive.
One of the biggest lies in capitalism is that companies like competition. They don't. Nobody likes competition.
When you get down to the meat and potatoes of genuine capitalism, it is cutthroat, vicious competition, and the consumer always benefits in the end.