A woman who wants to go places needs to bring her own ladder.
Margrethe VestagerRead
No government can give a selective advantage to a specific company, because that would make competition unfair.
Interpretation
What this quote means
Governments should promote fair competition by not favoring any specific company over others.
This quote highlights the principle of fair competition in a market economy, emphasizing that government intervention should not grant special privileges to specific companies. By ensuring that no single entity receives preferential treatment, the integrity of competition is preserved, benefiting consumers and fostering innovation.
Themes
GovernmentCompetitionFairnessEconomyAdvantage
In practice
Example use cases
During a business conference discussing market regulations.
More from Margrethe Vestager
All quotes βI 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 VestagerRead
When I was very young, I took no interest in party politics. My line of interest was how can you be part of an influence to the society that you live in.
Margrethe VestagerRead
Competition is one of the most important drivers of innovation because you have to stay in the race. You have to think of something new, and if you don't, well, of course you should leave the market.
Margrethe VestagerRead
Technology is, in many respects, an enabler for an open, transparent society. But it's also an enabler for supervision to a completely unforeseen degree. And for commercialising personal space to an unforeseen degree.
Margrethe VestagerRead
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.
Margrethe VestagerRead
Similar quotes
Beneath the surface, unnoticed by many, an even deeper force was at workβthe rise of creativity as a fundamental economic driver, and the rise of a new social class, the Creative Class.
Richard FloridaRead
If Europe today accounts for just over 7 per cent of the world's population, produces around 25 per cent of global GDP and has to finance 50 per cent of global social spending, then it's obvious that it will have to work very hard to maintain its prosperity and way of life.
Angela MerkelRead
As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.
Ludwig Von MisesRead
The gap between rich and poor is widening dramatically. There's a hangar at the Cairo airport for private jets, billionaires are on the Forbes list, and Egypt's annual per-capita income is two thousand dollars. How can you sustain that?
Mohamed ElbaradeiRead
So that the record of history is absolutely crystal clear that there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free-enterprise system.
Milton FriedmanRead
We cannot live without trade. A society can neither advance nor improve without excess of disposable income. This excess can only be amassed through the production of goods and services necessary or attractive to the mass. A financial system which allows this leads to inequality; one that does not leads to mass starvation.
David MametRead