Let me make clear we are not looking for any financial penalties, ... We're concerned with competition.
More Quotes from Joel Klein:
At its core, this is a three-to-two merger and the kind of merger that would harm a wide range of consumers and businesses.Joel Klein
The fact that you're going to see the development of monopoly power is perfectly understandable, ... That's what intellectual property is all about. It gives people the incentive to take big risks so that they can make big rewards. We just don't want them to make those rewards over and over again because they as the past victor have a 10-yard advantage in future races.
Joel Klein
Our action today demonstrates that we're not going to give carte blanche approval to mergers in the defense industry, ... While industry downsizing can be desirable, or even necessary, we will do what it takes to preserve effective competition.
Joel Klein
That is in the range, but ... it is premature for us now to get ahead of the story.
Joel Klein
Under our proposal, neither ongoing government regulation nor the self- interest of an entrenched monopolist will decide what is best for consumers. Instead, consumers will be able to choose for themselves the products they want in a free and competitive marketplace.
Joel Klein
We welcome this decision to abandon the transaction. This means that the United States government and the American people will continue to receive the highest possible quality of military products and services in the defense of this nation, at the lowest possible cost to the taxpayer.
Joel Klein
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People retire to do what I do every day.
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All that is necessary to break the spell of inertia and frustration is to - act as if it were impossible to fail.
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