Competition Quote by Margrethe Vestager
“I think it is one of the fundamentals, not only of the European Union but also of free trade, that competition is fair.”
About This Quote
Source Speech: European Commission, 2020
Fair competition is essential for the EU and free trade, ensuring markets operate without distortion.
In simple terms: Fair competition benefits everyone.
Key Takeaway
Promote equitable market rules.
Themes
economics
trade
regulation
Mood
analytical
serious
Type
policy
informative
When to use this quote
- policy making
- business strategy
- international trade
Key Concepts
fairness
market integrity
Questions to Reflect On
- What mechanisms ensure competition stays fair?
- How do regulations balance market freedom and protection?
A Different Perspective
Enforcing fairness can be politically challenging.
![“[A] central theme is why social, political, and economic institutions tend to coevolve in a manner that reinforces rather than undermines one another. The welfare state is not 'politics against markets,' as commonly assumed, but politics with markets. Although it is popular to think that markets…” quote by Torben Iversen](https://sms4smile.com/quotes/img-quotes/93f/torben-iversen-172864_competitive-advantag_a-central-theme-is-why-social-political_1484030.jpg)
