--- title: "Meaning & Key Takeaway of: Our role is to maintain and monitor a…" description: "\"Our role is to maintain and monitor a framework in which fair competition can flourish.\" — Arthur Levitt" image: "https://sms4smile.com/quotes/i/016/arthur-levitt-46374_competition_our-role-is-to-maintain-and-monitor-a-fr_2619926.jpg" --- # Our role is to maintain and monitor a framework in which… ![“Our role is to maintain and monitor a framework in which fair competition can flourish.” quote by Arthur Levitt](https://sms4smile.com/quotes/i/016/arthur-levitt-46374_competition_our-role-is-to-maintain-and-monitor-a-fr_2619926.jpg) [Download](https://sms4smile.com/quotes/i/016/arthur-levitt-46374_competition_our-role-is-to-maintain-and-monitor-a-fr_2619926.jpg) [Open image](https://sms4smile.com/quotes/i/016/arthur-levitt-46374_competition_our-role-is-to-maintain-and-monitor-a-fr_2619926.jpg) > “Our role is to maintain and monitor a framework in which fair competition can flourish.” [Arthur Levitt](https://sms4smile.com/quotes/author/arthur-levitt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Ensuring a system that supports fair competition requires ongoing oversight and maintenance. **In simple terms:** Maintain and monitor systems for fair competition. Key Takeaway Continuously oversee fairness mechanisms. Themes fairness governance competition oversight Mood analytical neutral Type policy strategic When to use this quote - sports leagues - business markets - online platforms - elections Key Concepts regulatory frameworks market integrity Questions to Reflect On - How can oversight be kept unbiased? - What tools help monitor fairness? A Different Perspective Complex systems may resist oversight due to entrenched interests. ★ ★ ★ ★ ★ No ratings yet [Competition](https://sms4smile.com/quotes/about/competition/) [Competition Flourish](https://sms4smile.com/quotes/about/competition-flourish-2102030/) [Fair](https://sms4smile.com/quotes/about/fair/) [Fair Competition](https://sms4smile.com/quotes/about/fair-competition-696076/) [Flourish](https://sms4smile.com/quotes/about/flourish/) [Framework](https://sms4smile.com/quotes/about/framework/) [Framework Fair](https://sms4smile.com/quotes/about/framework-fair-2102032/) [Maintain](https://sms4smile.com/quotes/about/maintain/) [Monitor](https://sms4smile.com/quotes/about/monitor/) [Our](https://sms4smile.com/quotes/about/our/) [Role](https://sms4smile.com/quotes/about/role/) [Role Maintain](https://sms4smile.com/quotes/about/role-maintain-2102031/) [Which](https://sms4smile.com/quotes/about/which/) ## Related quotes > [There is a fair amount of competition, obviously, with ISIL and the terrorist networks around the world, China also posing a different kind of…](https://sms4smile.com/quotes/samantha-power/there-is-a-fair-amount-of-competition-obviously-with-isil-and-the/) [Samantha Power](https://sms4smile.com/quotes/author/samantha-power/) > [Equality of opportunity is not enough. Unless we create an environment where everyone is guaranteed some minimum capabilities through some guarantee of minimum income,…](https://sms4smile.com/quotes/ha-joon-chang/equality-of-opportunity-is-not-enough-unless-we-create-an-environment/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [A company's best advantage should be a quality product offered at the right price. That fair competition is what drives innovation.](https://sms4smile.com/quotes/chellie-pingree/a-company-s-best-advantage-should-be-a-quality-product-offered-at-the/) [Chellie Pingree](https://sms4smile.com/quotes/author/chellie-pingree/) > [That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any…](https://sms4smile.com/quotes/adam-smith/that-a-joint-stock-company-should-be-able-to-carry-on-successfully/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [I think any company should compete on the quality of their products, their prices, the novelty they can produce, their services, because that would…](https://sms4smile.com/quotes/margrethe-vestager/i-think-any-company-should-compete-on-the-quality-of-their-products/) [Margrethe Vestager](https://sms4smile.com/quotes/author/margrethe-vestager/) > [Everybody agrees that you want competition. But you have to have rules of fair competition if you want to have competitors to enter the…](https://sms4smile.com/quotes/reed-hundt/everybody-agrees-that-you-want-competition-but-you-have-to-have-rules/) [Reed Hundt](https://sms4smile.com/quotes/author/reed-hundt/) > [To ensure fair competition, there must be effective controls on currency manipulation, and monopoly pricing needs to be outlawed on such items as intellectual…](https://sms4smile.com/quotes/danny-k-davis/to-ensure-fair-competition-there-must-be-effective-controls-on/) [Danny K. Davis](https://sms4smile.com/quotes/author/danny-k-davis/) > [Unless there is free and fair competition, there can't be healthy economic development. And what we have in Burma now is not an open-market…](https://sms4smile.com/quotes/aung-san-suu-kyi/unless-there-is-free-and-fair-competition-there-can-t-be-healthy/) [Aung San Suu Kyi](https://sms4smile.com/quotes/author/aung-san-suu-kyi/) > [For the exploitation of human greed, they have devised comparison and competition. Right from childhood on, we are indoctrinated to compare and compete, and…](https://sms4smile.com/quotes/lobsang-tenzin/for-the-exploitation-of-human-greed-they-have-devised-comparison-and/) [Lobsang Tenzin](https://sms4smile.com/quotes/author/lobsang-tenzin/) > [The 'Bird's Nest' National Stadium, which I helped to conceive, is designed to embody the Olympic spirit of 'fair competition.' It tells people that…](https://sms4smile.com/quotes/ai-weiwei/the-bird-s-nest-national-stadium-which-i-helped-to-conceive-is/) [Ai Weiwei](https://sms4smile.com/quotes/author/ai-weiwei/) > [If people use Chrome, we make less money on our service and that's fine by us because that is fair competition. I wouldn't put…](https://sms4smile.com/quotes/david-ulevitch/if-people-use-chrome-we-make-less-money-on-our-service-and-that-s/) [David Ulevitch](https://sms4smile.com/quotes/author/david-ulevitch/) > [Open and fair competition within free markets encourages innovation, meaning fresh perspectives can be applied. The private sector also brings skills and knowledge to…](https://sms4smile.com/quotes/david-lidington/open-and-fair-competition-within-free-markets-encourages-innovation/) [David Lidington](https://sms4smile.com/quotes/author/david-lidington/) > [I support social market economy. But it only works if there is fair competition.](https://sms4smile.com/quotes/annegret-kramp-karrenbauer/i-support-social-market-economy-but-it-only-works-if-there-is-fair/) [Annegret Kramp-Karrenbauer](https://sms4smile.com/quotes/author/annegret-kramp-karrenbauer/) > [I firmly believe we can bring back free and fair competition to the health care marketplace that will benefit consumers and providers alike.](https://sms4smile.com/quotes/tommy-tuberville/i-firmly-believe-we-can-bring-back-free-and-fair-competition-to-the/) [Tommy Tuberville](https://sms4smile.com/quotes/author/tommy-tuberville/) > [As companies race to deploy and monetize A.I., the Federal Trade Commission is taking a close look at how we can best achieve our…](https://sms4smile.com/quotes/lina-khan/as-companies-race-to-deploy-and-monetize-a-i-the-federal-trade/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) ## More by Arthur Levitt > [Promoting the interaction of orders remains one of the most difficult, but crucially important, challenges we face concerning our national market system.](https://sms4smile.com/quotes/arthur-levitt/promoting-the-interaction-of-orders-remains-one-of-the-most-difficult/) [Arthur Levitt](https://sms4smile.com/quotes/author/arthur-levitt/) > [Our purpose, as we face these challenges, remains clear - fair and orderly markets that allow for efficient capital formation, while protecting the interests…](https://sms4smile.com/quotes/arthur-levitt/our-purpose-as-we-face-these-challenges-remains-clear-fair-and/) [Arthur Levitt](https://sms4smile.com/quotes/author/arthur-levitt/) > [The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.](https://sms4smile.com/quotes/arthur-levitt/the-tension-between-centrality-on-the-one-hand-and-competition-on-the/) [Arthur Levitt](https://sms4smile.com/quotes/author/arthur-levitt/) > [It is incumbent on us to facilitate the development of a market structure that best assures that these changes benefit the U.S. securities markets…](https://sms4smile.com/quotes/arthur-levitt/it-is-incumbent-on-us-to-facilitate-the-development-of-a-market/) [Arthur Levitt](https://sms4smile.com/quotes/author/arthur-levitt/) > [Our markets have not achieved their great successes as a result of government fiat, but rather through efforts of competing interests working to meet…](https://sms4smile.com/quotes/arthur-levitt/our-markets-have-not-achieved-their-great-successes-as-a-result-of/) [Arthur Levitt](https://sms4smile.com/quotes/author/arthur-levitt/) > [What must occur is a greater recognition by investors of their individual responsibility.](https://sms4smile.com/quotes/arthur-levitt/what-must-occur-is-a-greater-recognition-by-investors-of-their/) [Arthur Levitt](https://sms4smile.com/quotes/author/arthur-levitt/) > [Once again, stock markets have been threatened with extinction for almost 75 years, and I have found that stock markets are harder to kill…](https://sms4smile.com/quotes/arthur-levitt/once-again-stock-markets-have-been-threatened-with-extinction-for/) [Arthur Levitt](https://sms4smile.com/quotes/author/arthur-levitt/) [Explore all 8 Arthur Levitt quotes ](https://sms4smile.com/quotes/author/arthur-levitt/) ## More Competition quotes > [The Copa del Rey is a different competition. It is football in its purest form and is different from the continuity of the league.](https://sms4smile.com/quotes/michael-laudrup/the-copa-del-rey-is-a-different-competition-it-is-football-in-its/) [Michael Laudrup](https://sms4smile.com/quotes/author/michael-laudrup/) > [I can skate beautifully. While performing on ice I always try to please the audience and to win as well. Being artistic is very…](https://sms4smile.com/quotes/evgeni-plushenko/i-can-skate-beautifully-while-performing-on-ice-i-always-try-to/) [Evgeni Plushenko](https://sms4smile.com/quotes/author/evgeni-plushenko/) > [I don't believe in competitions between artists. This is insane. Who has the authority to say someone is better?](https://sms4smile.com/quotes/alan-arkin/i-don-t-believe-in-competitions-between-artists-this-is-insane-who/) [Alan Arkin](https://sms4smile.com/quotes/author/alan-arkin/) > [People think that the Club World Cup is an easy competition, but it's not.](https://sms4smile.com/quotes/keylor-navas/people-think-that-the-club-world-cup-is-an-easy-competition-but-it-s/) [Keylor Navas](https://sms4smile.com/quotes/author/keylor-navas/) > [If you ask another competitor, they may tell you they felt very competitive towards me. But I can tell you that my biggest competition…](https://sms4smile.com/quotes/michelle-kwan/if-you-ask-another-competitor-they-may-tell-you-they-felt-very/) [Michelle Kwan](https://sms4smile.com/quotes/author/michelle-kwan/) > [“At times, competition can be a good thing. But a person's value isn't something that can be ranked, is it?”](https://sms4smile.com/quotes/hotaru-odagiri/at-times-competition-can-be-a-good-thing-but-a-person-s-value-isn-t/) [Hotaru Odagiri](https://sms4smile.com/quotes/author/hotaru-odagiri/) > [Our competition has always been anything that is wasting your time when you're bored at work. In a broad sense. We want people to…](https://sms4smile.com/quotes/alexis-ohanian/our-competition-has-always-been-anything-that-is-wasting-your-time/) [Alexis Ohanian](https://sms4smile.com/quotes/author/alexis-ohanian/) > [I've always considered making it legal for Americans to import their prescription drugs a free-trade issue. Imports create competition and keep domestic industry more…](https://sms4smile.com/quotes/chuck-grassley/i-ve-always-considered-making-it-legal-for-americans-to-import-their/) [Chuck Grassley](https://sms4smile.com/quotes/author/chuck-grassley/) > [Honestly, we’ll compete with everybody. I love competition. As long as people invent their own stuff, I love competition.](https://sms4smile.com/quotes/tim-cook/honestly-we-ll-compete-with-everybody-i-love-competition-as-long-as/) [Tim Cook](https://sms4smile.com/quotes/author/tim-cook/) > [The "health, education, and welfare" section of government is another boondoggle. First we manufacture indigent and superfluous people by legal monopolies in land, money…](https://sms4smile.com/quotes/laurance-labadie/the-health-education-and-welfare-section-of-government-is-another/) [Laurance Labadie](https://sms4smile.com/quotes/author/laurance-labadie/) > [I try to keep up with everything - all wrestling across the board. I want to know what the competition is doing, what the…](https://sms4smile.com/quotes/matt-hardy/i-try-to-keep-up-with-everything-all-wrestling-across-the-board-i/) [Matt Hardy](https://sms4smile.com/quotes/author/matt-hardy/) > [Sometimes in England, people look down at the Europa League, but being from the continent, I've always realised what an important competition it is.](https://sms4smile.com/quotes/simon-mignolet/sometimes-in-england-people-look-down-at-the-europa-league-but-being/) [Simon Mignolet](https://sms4smile.com/quotes/author/simon-mignolet/) > [“There is a scene in one of the Rocky movies where after the match Apollo Creed and Rocky are waiting for the scoring of…](https://sms4smile.com/quotes/john-a-passaro/there-is-a-scene-in-one-of-the-rocky-movies-where-after-the-match/) [John A. Passaro](https://sms4smile.com/quotes/author/john-a-passaro/) > [I've always written. When I was in school, the only teacher who ever liked me was my creative writing teacher. I used to enter…](https://sms4smile.com/quotes/justin-townes-earle/i-ve-always-written-when-i-was-in-school-the-only-teacher-who-ever/) [Justin Townes Earle](https://sms4smile.com/quotes/author/justin-townes-earle/) > [Competition between men is a fuel that's useful to us. We have to be careful that it doesn't tell the same story over too…](https://sms4smile.com/quotes/bill-irwin/competition-between-men-is-a-fuel-that-s-useful-to-us-we-have-to-be/) [Bill Irwin](https://sms4smile.com/quotes/author/bill-irwin/) [Browse all 3,894 Competition quotes ](https://sms4smile.com/quotes/about/competition/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Our role is to maintain and monitor a framework in which fair competition can flourish.", "creator": { "@type": "Person", "name": "Arthur Levitt" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/arthur-levitt/our-role-is-to-maintain-and-monitor-a-framework-in-which-fair/", "about": { "@type": "Thing", "name": "Competition" }, "@id": "https://sms4smile.com/quotes/arthur-levitt/our-role-is-to-maintain-and-monitor-a-framework-in-which-fair/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/016/arthur-levitt-46374_competition_our-role-is-to-maintain-and-monitor-a-fr_2619926.jpg", "contentUrl": "https://sms4smile.com/quotes/i/016/arthur-levitt-46374_competition_our-role-is-to-maintain-and-monitor-a-fr_2619926.jpg", "url": "https://sms4smile.com/quotes/i/016/arthur-levitt-46374_competition_our-role-is-to-maintain-and-monitor-a-fr_2619926.jpg", "width": 1080, "height": 1080, "caption": "“Our role is to maintain and monitor a framework in which fair competition can flourish.” — Arthur Levitt", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Arthur Levitt", "item": "https://sms4smile.com/quotes/author/arthur-levitt/" }, { "@type": "ListItem", "position": 4, "name": "Our role is to maintain and...", "item": "https://sms4smile.com/quotes/arthur-levitt/our-role-is-to-maintain-and-monitor-a-framework-in-which-fair/" } ], "@id": "https://sms4smile.com/quotes/arthur-levitt/our-role-is-to-maintain-and-monitor-a-framework-in-which-fair/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```