Monopoly Regulation Quotes

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.

In Europe, we have three tools when it comes to fair competition. One is antitrust, one is merger control, and the third is state aid control. And the third you don't have in the States.

Capitalist systems function less well without state protection of investors, lenders, and companies against monopoly, deception, and fraud.

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

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.

I think it's wrong that only one company makes the game Monopoly.

We agree with the statement contained in the encyclical Quadragesimo Anno, written by Pope Leo XIII, that "anything which dominates the life of the community should be owned by the community." That is the basis upon which we believe there should be government ownership of monopolistic enterprises.

So far I go with the Socialists as to think it a pretty general rule that, where monopoly is necessary, it is better in public hands.

I think we really have to take a good, hard look at our system of corporate consolidated press. We need to break them up.

We need fair rules of the road, so big corporations can't use their power to gain unfair advantages.

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.

Competition is the hallmark of a free enterprise economy. For the past thirty years, however, corporate America has been doing everything it can to cut competition, with major corporations merging and consolidating at every opportunity.

I think we need to have stronger antitrust enforcement.

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.

Practicing antitrust lawyers and government antitrust lawyers are a kind of priesthood spinning ever more gossamer refinements of the antitrust commandments.

I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

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.

My current goal is to change the way we think about antitrust and anti-monopoly.

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.

That strain of anti-monopoly crusading egalitarianism really runs throughout American history from [Tomas] Jefferson to Woodrow Wilson, that finds its apotheosis in [Louis] Brandeis, continues through the New Deal, but then it sort of peters out in the '60s because progressives in particular become more interested in extending equality to minorities, and women, and other excluded groups, and little more suspicious of these old white guys, often from the south, who were crusaders against monopolies.

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 benefit of even limited monopolies is too doubtful, to be opposed to that of their general suppression.