Competition is not only the basis of protection to the consumer, but is the incentive to progress.
Sentiment: POSITIVE
I've always believed that competition is good for consumers and good for businesses.
My worldview says that competition is the consumer's best friend.
Dominant companies have a special responsibility to ensure that the way they do business doesn't prevent competition... and does not harm consumers and innovation.
Competition brings out the best in products and the worst in people.
Markets work when people can evaluate the prices and risks of different products, then pick the ones that work best for them. But when the terms of the deal are hidden, competition doesn't work. And customers aren't the only ones who are hurt.
Everybody agrees that you want competition. But you have to have rules of fair competition if you want to have competitors to enter the market.
People have been talking about competition among insurers, and what they really need to be talking about is competition in the delivery of health care as well.
Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.
Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses.
Regardless of the industry, antitrust law is meant to benefit consumers - not competitors.