Ayn Rand Quotes

You won't get sued for anticompetitive behavior.

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.

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.

Amazon is not a monopoly or a monopsony, and even if it were, that by itself isn't illegal.

Unfair methods of competition in commerce are hereby declared unlawful. The commission is hereby empowered and directed to prevent persons, partnerships, or corporations, except banks, and common carriers subject to the Acts to regulate commerce, from using unfair methods of competition in commerce.

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.

When companies get together secretly to fix prices and attempt to eliminate competition, honest businessmen suffer. I think this is wrong.

Changing technologies, changing marketplaces, and even changing trends in anti-competitive practices have all presented challenges to antitrust enforcement.

The 10 largest antitrust law firms in the United States have gone into the federal courts charging Monsanto with creating a global conspiracy in violation of the antitrust laws, to control the global market in seeds.

Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.

The testimony and the documentary evidence produced by the Government demonstrate that the Bell System had violated the antitrust laws in a number of ways over a lengthy period of time.

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.

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…

There must be reasonable restrictions upon competition else we shall see competition destroyed.

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.

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 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.

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.

We seek the definite end of preventing combinations in furtherance of monopoly and in restraint of trade

[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.

Just because you can’t execute collusion well, doesn’t mean that it isn’t collusion.

In Europe, we don't only take offence when one company is treating another company in a way that's illegal. We also look at if governments are joining up with companies that makes it more difficult for other companies. We also see that sometimes government actions can make it very difficult for businesses to compete on their merits.

No government can give a selective advantage to a specific company, because that would make competition unfair.

Dominant companies can't abuse their position to create advantage in related markets.

The federal government has shown little willingness to stand up to corporate monopolies, and use its powers under the existing antitrust statutes, including the powerful Clayton Act and Sherman Act.