A Quote by Mario Monti

Dominant companies have a special responsibility to ensure that the way they do business doesn't prevent competition... and does not harm consumers and innovation. — © Mario Monti
Dominant companies have a special responsibility to ensure that the way they do business doesn't prevent competition... and does not harm consumers and innovation.
With every new social network, smartphone feature, and digital diversion, innovation-driven consumer companies must constantly redefine their categories and, in some cases, redefine themselves to ensure they remain both relevant and differentiated in the minds of consumers.
There's so much innovation going on, and there are lots of people funding that innovation, but there's very little innovation on that infrastructure for innovation itself, so we like to do that ourselves to help companies create more tech companies.
Implementing any major changes to the way companies operate requires time and determination and the shift to globally integrated innovation is no exception - it calls for new capabilities to be built, changes in the structure of the innovation organization, new systems, processes and mindsets. The scope and scale of this task shouldn't prevent executives from starting down the path of change as the systemic nature of innovation activities means that every single element of change that's brought about will make a difference.
Companies shouldn't use the law to prevent consumers from doing something legal.
Rapid innovation is the cure for the ills we face, but because innovation is difficult and susceptible to failure, we might need to rethink the way we approach innovation and how we drive it through our companies.
Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry.
I think that whenever businesses harm the economy, harm workers, harm consumers, or undermine human rights in any way, then it is the role of the government to make sure that they don't do that and to make sure that markets are fair and they operate properly.
Far from doing what it can to ensure that the companies and entrepreneurs of tomorrow are European, the E.U. actively stifles innovation.
Consumers fare best when the barriers to business entry are low, which helps ensure that the market - any market - becomes competitive and stays that way.
The successful companies try to keep the new entrants down. Now that's great for a company like ours. We make more money that way because we have less competition and less innovation. But for the country as a whole, it's horrible.
In the coming years, if not sooner, social media will become a powerful tool that consumers will aggressively use to influence business attitudes and force companies into greater social responsibility - and, I suggest, move us towards a more sustainable practice of capitalism.
Sure there are some companies at the margins of our society that probably do that and I think we all have the responsibility as consumers and as investors to avoid them like the plague. If we do, they won't last very long. Doing what's right is the only possible formula for long-term - I emphasize long term - business success.
Social media companies must work closely with the U.S. government to ensure their platforms are not being used by terrorist organizations to do harm to our country.
Buy companies with strong histories of profitability and with a dominant business franchise.
Generally, the technology that enables disruption is developed in the companies that are the practitioners of the original technology. That's where the understanding of the technology first comes together. They usually can't commercialize the technology because they have to couple it with the business model innovation, and because they tend to try to take all of their technologies to market through their original business model, somebody else just picks up the technology and changes the world through the business model innovation.
And finally remember that nothing harms him who is really a citizen, which does not harm the state; nor yet does anything harm the state which does not harm law [order]; and of these things which are called misfortunes not one harms law. What then does not harm law does not harm either state or citizen.
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