Monopoly Power Quotations

I had advocated the establishment of a Negro industrial commission. I had gestured against the growth of monopoly power. I had introduced a few civil rights bills.

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.

Regulatory fiat cannot create a market at a technologically interdependent interface. And by the same token, regulation and so-called monopoly power rarely prevail at modular interfaces between stages of value-added technology.

All rent is based on the monopoly power of private owners of certain portions of the globe.

That, in essence is Fascism - ownership of government by an individual, by a group, or by any controlling private power.