Cartelization Quotes

Every coercive monopoly was created by government intervention into the economy: by special privileges, such as franchises or subsidies, which closed the entry of competitors into a given field, by legislative action.

Scientific journals are monopolies…and when there's a monopoly there's always the opportunity for extra profit.

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.

Big oil, big steel, big agriculture avoid the open marketplace. Big corporations fix prices among themselves and thus drive out of business the small entrepreneur. Also, in their conglomerate form, the huge corporations have begun to challenge the very legitimacy of the state.

Incumbents have long promoted regulation in the name of protecting consumers when their actual goal is to block new entrants and stifle competition.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

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.

The existence of immense aggregations of kindred enterprises and combinations of business interests formed for the purpose of limiting production and fixing prices is inconsistent with the fair field which ought to be open to every independent activity. Legitimate strife in business should not be superseded by an enforced concession to the demands of combinations that have the power to destroy, nor should the people to be served lose the benefit of cheapness which usually results from wholesome competition.

If, as you say, the success of commercial society depends upon the full play of competition, why do not you and your confreres turn your attention and direct the shafts of your attacks against the trusts and corporations

I do not expect monopoly to restrain itself.

President McKinley has not been unmindful of the evil of the commercial combinations which will always go by the misnomer "trusts." He did all that he could do to meet them under the law through the Department of Justice, and all that he could do to strengthen the law by recommendations to Congress

We should get rid of laws that retard competition and let these financial companies [large banking corporations] go at each other.

My hope is that we revive 'monopoly' as a core piece of political rhetoric that broadly denotes dominant firms with pernicious powers.

[Monopolies and trusts are:] dangerous conspiracies against the public good.

The merger mania which goes on and on and on is the sign of the disappearance of competition. As we deregulate, the mergers increase, which means there's less and less competition. At the national level, at the regional level, but also at the international level.