--- title: "Meaning & Key Takeaway of: That this is not a sense of innovation…" description: "\"That this is not a sense of innovation and competition increasing prices because some other company is coming in and competing with Martin Shkreli. Thi..." image: "https://sms4smile.com/quotes/i/df8/joy-ann-reid-17681_company_that-this-is-not-a-sense-of-innovation-a_37428.jpg" --- # That this is not a sense of innovation and competition… ![“That this is not a sense of innovation and competition increasing prices because some other company is coming in and competing with Martin Shkreli. This is literally a monopoly.” quote by Joy-Ann Reid](https://sms4smile.com/quotes/i/df8/joy-ann-reid-17681_company_that-this-is-not-a-sense-of-innovation-a_37428.jpg) [Download](https://sms4smile.com/quotes/i/df8/joy-ann-reid-17681_company_that-this-is-not-a-sense-of-innovation-a_37428.jpg) [Open image](https://sms4smile.com/quotes/i/df8/joy-ann-reid-17681_company_that-this-is-not-a-sense-of-innovation-a_37428.jpg) > “That this is not a sense of innovation and competition increasing prices because some other company is coming in and competing with Martin Shkreli. This is literally a monopoly.” [Joy-Ann Reid](https://sms4smile.com/quotes/author/joy-ann-reid/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker argues that the market behavior described is not competitive innovation but a monopoly, where a single entity controls pricing without true rivalry. **In simple terms:** Monopoly vs. competition Key Takeaway Monopolistic power inflates prices Themes market structure competition pricing power regulation consumer welfare Mood critical cautious analytical Type opinion analysis commentary When to use this quote - policy debate - consumer advocacy - business strategy meetings - economic education - regulatory hearings Key Concepts monopoly price setting market entry barriers Practical Applications - policy analysis - consumer protection initiatives Questions to Reflect On - How does monopoly power affect consumer choice? - What mechanisms can prevent monopolistic pricing? ★ ★ ★ ★ ★ No ratings yet [Company](https://sms4smile.com/quotes/about/company/) [Competing](https://sms4smile.com/quotes/about/competing/) [Competition](https://sms4smile.com/quotes/about/competition/) [Competition Increasing](https://sms4smile.com/quotes/about/competition-increasing-445474/) [Increasing Prices](https://sms4smile.com/quotes/about/increasing-prices-445473/) [Innovation](https://sms4smile.com/quotes/about/innovation/) [Literally Monopoly](https://sms4smile.com/quotes/about/literally-monopoly-445471/) [Monopoly](https://sms4smile.com/quotes/about/monopoly/) [Prices Company](https://sms4smile.com/quotes/about/prices-company-445472/) ## Related quotes > [Politicians are always saying that they are in support of Iraqi citizens and now they are increasing the price of petrol. 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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/) > [If a Coach is determined to stay in the coaching profession, he will develop from year to year. This much is true, no coach…](https://sms4smile.com/quotes/adolph-rupp/if-a-coach-is-determined-to-stay-in-the-coaching-profession-he-will/) [Adolph Rupp](https://sms4smile.com/quotes/author/adolph-rupp/) > [A man has a right to use a saw, an axe, a plane, separately; may he not combine their uses on the same piece…](https://sms4smile.com/quotes/thomas-jefferson/a-man-has-a-right-to-use-a-saw-an-axe-a-plane-separately-may-he-not/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) ## More by Joy-Ann Reid > [The military is such a hierarchical institution. 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