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I think any company should compete on the quality of their products, their prices, the novelty they can produce, their services, because that would be fair competition.
Margrethe Vestager
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Interpretation

What this quote means

Fair competition in business is based on product quality, pricing, innovation, and service.

Margrethe Vestager emphasizes the importance of fairness in business competition, arguing that companies should strive to excel in quality, pricing, innovation, and customer service. This approach fosters a marketplace where consumers benefit from improved products and services, and businesses innovate to meet their needs.

Themes

CompetitionQualityServicesPricesInnovation

In practice

Example use cases

This quote can be used during a business seminar to highlight the values of fair competition.

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A woman who wants to go places needs to bring her own ladder.
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We want a free market, but we know that the paradox of a 'free' market is that sometimes you have to intervene. You have to make sure it's not the law of the jungle but the laws of democracy that works.
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