business, they have to go out and they have to up their game. better prices and services, new ideas and products. competition keeps the competition moving. the outline for the president was not a new set of laws or even specific rules. it was a road map for other government agencies to come in and eventually write some regulations that might relate to the companies. so the end result he hopes is more competition. the president comparing this a he gave the little guy a fighting chance. trace: president biden compared this or talked about his own roots in comparing this to the past. the senator from delaware for so
it s exploitation. without healthy competition, big players can change and charge whatever they want, and treat you however they want. and for too many americans, that means accepting a bad deal for things that can t go you can t go without. so, we know we ve got a problem, a major problem. we also have an incredible opportunity. we can bring back more competition to more of the country, helping entrepreneurs and small businesses get in the game. helping workers get a better deal, helping families save money every month. good news is, we ve done it before. in the early 1900s, president teddy roosevelt saw an economy dominated by giants like standard oil and jpmorgan s railroads. he took them on. and he won. he gave the little guy a fighting chance. decades later, during the great
capitalism without competition is not capitalism, but it is exploitation, and without healthy competition, big players can change and charge whatever they want. and treat you however they want, and for too americans, that means accepting a bad deal for things that you can t go out. so, we know that we have a problem, and a major problem, and we also have a major opportunity, and we can bring back more competition to more of the country and helping the entrepreneurs and more small businesses get into the game, and helping workers get a better deal, and helping the families to save money every month, and the good news is that we have done it before. the early 1900s president teddy roosevelt saw an economy dominated by giants like standard oil and j.p. railroads and he took them on and he won. he gave the little guy a fighting chance. decades later, in the great
let me be very clear, capitalism without competition isn t capitalism, it is exploitation. without healthy competition, big players can change and charge whatever they want. and treat you however they want. too many americans, that means accepting bad deal for things that you can t go without. so we know we ve got a problem, a major problem. we also have incredible opportunity. we can bring back more competition, to more of the country, helping entrepreneurs and small businesses get into the game, helping workers get a better deal, helping families save money every month. good news is, we ve done it before. nearly 1900s, president teddy roosevelt saw economy dominated by giants like standard oil and jp morgan railroad. he took them on and won. he gave the little guy a