Business Quote by Marvin Ammori
“If a company is not a monopoly, then the law assumes market competition can restrain the company's actions. No problem. If a monopoly exists, but the monopoly does not engage in acts designed to destroy competition, then we can assume that it earned and is keeping its monopoly the pro-consumer way: by out-innovating its competitors.”
About This Quote
Source Speech: Economic Policy Lecture, 2015
The law treats competitive markets as self‑regulating, while a benign monopoly is tolerated if it benefits consumers through superior innovation.
In simple terms: Monopolies are okay if they help consumers.
Key Takeaway
Encourage innovation, not just competition.
Themes
economics
law
competition
innovation
monopoly
Mood
critical
analytical
Type
policy
economic
legal
When to use this quote
- Policy analysis
- business strategy
- antitrust cases
- tech industry
- public debates
Key Concepts
Market dynamics
consumer welfare
regulatory theory
Questions to Reflect On
- How can we verify a monopoly’s consumer‑benefit?
- What safeguards prevent abuse?
A Different Perspective
Assumes all monopolies act pro‑consumer, which may not hold true.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)