Monopolization Quotes

The people - could you patent the sun ?

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.

Gentlemen, You have undertaken to cheat me. I won't sue you, for law is too slow. I'll ruin you. Yours truly, Cornelius Vanderbilt

The economic development of industrial society tends inevitably to the ruin of small industries.

The Gilded Age robber barons - the Goulds, the Vanderbilts, the Morgans and Rockefellers - did quite well under laissez-faire. Most of the rest of Americans were still stuck in the ditch, with little to no economic security, life expectancy of roughly 45 years, and horrific infant mortality rates that claimed 300 babies per 1,000 in the cities.

We find the instinct to shut out competition deep-rooted even among banks and corporations, among corner grocers and haberdasheries, among peanut vendors and shoeshine boys-and even among young ladies in search of a husband.

Trusts and Protectionism are robbery of the many to enrich the few..

Now, if someone tries to monopolize the Web, for example pushes proprietary variations on network protocols, then that would make me unhappy.

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

The whole industry is so screwed up by economics. It's disgusting to me.

I've got stuff about airline mergers, which just shows that my stand-up is getting more insane by the minute.

Don’t look down over here Clement. Whenever you see something large, private and working well, you want to nationalize it.

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.

The things that matter in this country have been reduced in choice, there are two political parties, there are a handful insurance companies, there are six or seven information centers.. but if you want a bagel there are 23 flavors. Because you have the illusion of choice!

So many technologies start out with a burst of idealism, democratization, and opportunity, and over time, they close down and become less friendly to entrepreneurship, to innovation, to new ideas. Over time, the companies that become dominant take more out of the ecosystem than they put back in.

One of the biggest lies in capitalism is that companies like competition. They don't. Nobody likes competition.

Open platforms and experimental amateurs eventually beat out the spendy, slick pros. Relying on incumbents to produce your revolutions is not a good strategy. They're apt to take all the stuff that makes their products great and try to use technology to charge you extra for it, or prohibit it altogether.

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.

In areas where competitive markets work well beyond question, they are constantly under attack by government—members of both parties.

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

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.

There can never be such a thing as a free market, because it is human nature to cheat, monopolize, and buy off others so as to corner the market.

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…

The small and medium-sized capitalists, not being able to produce at the same price as the big capitalists, naturally succumb in the deadly struggle.

I think the mainstream gaming industry has a very narrow focus on the young male audience. There are plenty of other people out there who enjoy playing games, but if you walk into most game stores, there's nothing on the shelf for them. I mean, imagine if you could only buy cheeseburgers and nothing but cheeseburgers in every restaurant?