Oligopoly Quotes

It's not hard to be valuable when you are a monopoly.

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.

Today, we have our own concentrations of economic power. Instead of Standard Oil, U.S. Steel, the Union Pacific Railroad, and J. P. Morgan and Company, we have Amazon, Google, Apple, Facebook, and Microsoft.

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

Ultimately, I don't think even a five-company platform oligopoly is good for consumer tech. By its very nature, it handicaps independent companies with new ideas. But it will end one day. I just don't know when.

Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.

[Monopolies are:] ... the bane of our body politic at the present day.

The Government in the US has become responsible for farmers’ income, leaving the big (transnational) buyers in the market free to exploit their oligopolistic position

If you allow for a purely capitalistic society, without any type of regulation at all, you will get one monopoly that will eat all of the smaller fish and own everything, and then you'll have zero capitalism, zero competition - it would just be one giant company.

With less competition, corporations can use their power to raise prices, limit choice for consumers, cut wages for workers, crowd out start-ups and small businesses.

I don't want artists to find themselves in a situation where there are only two buyers. That just doesn't seem like a good outcome.

It's interesting that people throughout the existence of the web have been concerned about monopolies.

I don't think it's good in any business for anyone to have a monopoly. On the other hand, you need to have size to get costs down.

Monopolists always defend their monopolies by arguing that competition is wasteful. When the railroad barons completed their monopoly, they argued it would be wasteful to have competing rail lines, AT&T said the same thing. But today, the size and scope of these monopolies is different.

If you go out to some of the big cities in California, and you look at some of the monopoly situations out there, the thing is just shocking. And the tendency, and I think it's bound to be, unless it is carefully combated by those who are managing the papers, the tendency of a monopoly situation is bound to be to damp everything down to a common level.

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.

Big Oil is a club, and they'll do everything to keep me out.

Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

In economic life competition is never completely lacking, but hardly ever is it perfect.

I don’t like monopolies when I see them.

This galloping concentration in broadcast ownership is unhealthy.

I do not expect monopoly to restrain itself.

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 in the American tech sector is being gobbled up by the largest players, and it's threatening our entire industry.

Old ways of thinking die hard, particularly when they were weaned by legally enforced monopolies.