I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
Many U.S. Sunday papers are monopolies, and their contents can be an extension of the daily.
I don't think we can go back to the old days. But I think that what the government needs to do is it needs to make sure that the pricing is fair, that you don't have monopolies out there, so that people don't have a chance to compete fairly.
Mexico is trapped by a dense network of rent-seekers and monopolies in sectors that are crucial for economic growth, including telecommunications, energy, transportation, and financial services.
Competition drives growth in the end as opposed to monopolies.
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.
There's this proud American tradition of worrying about the power of communication companies. That going all the way back to the founding, we've tried to limit the power of monopolies that played a role in our democracy.
Government is the ultimate monopoly. And monopolies, as any economist will tell you, often breed complacency and a lack of innovation.
The IP system is an artificial construct that excessively rewards owners of intellectual property, granting them monopolies over inventions and ideas that, in many cases, are the product of generations of thinkers and/or publicly funded research.
We must not tolerate oppressive government or industrial oligarchy in the form of monopolies and cartels.