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.
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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.
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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.
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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.
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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.
Margrethe VestagerRead
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