A Quote by John Vickers

Competition is good for consumers for the simple reason that it compels producers to offer better deals - lower prices, better quality, new products, and more choice.

John Vickers

Quote Topics

Better Choice Competition Consumers Deals Good Lower Lower Price More New New Products Offer Prices Producers Products Quality Reason Simple

Quote Author

John Vickers
British - Economist
Born: 1958

Our great country was founded on hard work and competition. That sense of grit is the main principle in our free-market economy where consumers have choice, because competition breeds choice, better quality, and better prices for customers.

Tommy Tuberville

When you have more competition, you have better products and lower prices.

Maxime Bernier

Competition is good for consumers. It provides more choices at better prices.

Jeb Hensarling

Where food trucks are concerned, nothing's better than having a whole flock of them at one location. Competition not only improves the quality of the food, it prompts these rolling lunch wagons to lower prices and offer specials, too.

Robert Sietsema

It doesn't really matter who owns things so long there is enough competition, which means lower pricing, better quality goods, more variety, and an economy where the consumers are the big winners.

Jose Angel Gurria

When lots of stores compete, the result is a combination of better prices for you, better deals for developers, and more investment in new content and innovation.

Tim Sweeney

We think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than that. Hundreds of millions of people buying and selling, and abstaining from buying and selling, generate a system of signals - prices to producers and consumers about relative scarcities and demand. Through this system, consumers can convey to producers their subjective priorities and entrepreneurs can invest accordingly.

Sheldon Richman

Consumers will purchase high quality products even if they are expensive, or in other words, even if there are slightly reasonable discount offers, consumers will not purchase products unless they truly understand and are satisfied with the quality. Also, product appeal must be properly communicated to consumers, but advertisements that are pushed on consumers are gradually losing their effect, and we have to take the approach that encourages consumers to retrieve information at their own will.

Satoru Iwata

I want to give consumers way more choices in health care. Choice and competition always drive down costs better than central control.

Kevin Brady

Uber is a better company with better math, better predictive supply, better brand, lower pickup times, higher quality of service. They'll absolutely win.

Chris Sacca

American products are better than the Chinese. We do a better job. We make better products. But because the currency is so low versus the dollar versus other things, and so much lower than it should be, it's very hard to compete for our companies.

Donald Trump

The result of long-term relationships is better and better quality, and lower and lower costs.

W. Edwards Deming

A good school is a relative concept, and the better schools are located in more expensive neighborhoods. But when everyone bids more for a house in a better school district, they succeed only in bidding up the prices of those houses. As before, 50 percent of all children will attend schools in the bottom half of the school quality distribution. As in the familiar stadium metaphor, all stand, hoping to get a better view, only to discover that no one sees better than if all had remained seated.

Robert H. Frank

The good news is, Americans know firsthand the benefits of a free market - more choices, lower prices, higher quality - and there is no reason why we cannot help them see these same benefits in health care.