A Quote by Sam Altman
You want an idea that turns into a monopoly. But you can't get a monopoly, in a big market right away; too much competition for that.
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If a company is not a monopoly, then the law assumes market competition can restrain the company's actions. No problem. If a monopoly exists, but the monopoly does not engage in acts designed to destroy competition, then we can assume that it earned and is keeping its monopoly the pro-consumer way: by out-innovating its competitors.
Land monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly.
In the whole history of capitalism, no one has been able to establish a coercive monopoly by means of competition in a free market...Every single coercive monopoly that exists or ever has existed...was created and made possible only by an act of government...which granted special privileges (not obtainable in a free market) to a man or a group of men, and forbade all others to enter that particular field.
The mere possession of monopoly power, and the concomitant charging of monopoly prices, is not only not unlawful, it is an important element of the free-market system. The opportunity to charge monopoly prices - at least for a short period - is what attracts 'business acumen' in the first place; it induces risk taking that produces innovation and economic growth.
The Liberal Party of Canada has no monopoly on public service, we have no monopoly on virtue, and we have no monopoly on wisdom.
If somebody has a monopoly position, and wants to keep that monopoly position, it means that you are effectively shutting out competition from other sources.
Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.
I really am convinced that what is happening in media today is the result of the birth of conservative media and its rapid growth and ascension. It has destroyed the left's monopoly in media. When they had the monopoly, they could pretend that they were not what they are and get away with it. They could pretend to be objective. You know, the power of a monopoly is not just determining what stories you are going to cover, but what you don't cover is just as powerful.
The right of an inventor to his invention is no monopoly - in any other sense than a man's house is a monopoly.
People, who accused me of practising a monopoly were wrong. The media fuelled rumours about my 'monopoly.' The first question I was always asked during interviews was about my supposed monopoly.
Whereas a competitive firm must sell at the market price, a monopoly owns its market, so it can set its own prices. Since it has no competition, it produces at the quantity and price combination that maximizes its profits.
It is no monopoly in any other sense than as a man's own house is a monopoly. But a man's right to his own invention is a very different matter. It is no more a monopoly for him to possess that, than to possess his own homestead .
There is already something like a Jewish monopoly in high finance... here is the same element of Jewish monopoly in the silver trade, and in the control of various other metals, notably lead, nickel, quicksilver. What is most disquieting of all, this tendency to monopoly is spreading like a disease.
Opening up closed markets to competition and protecting consumers from monopoly-style profits is the essence of pro-business politics on the modernising right as much as the left.
It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.
WWE is basically scooping up all the talent and making it really difficult. They say they want competition and like competition, but I don't believe that. They are trying to make this a monopoly.
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