"It is good for consumers, it is good for competition, it is good for innovation, and it is the right thing to do, " he said.
It is good for consumers, it is good for competition and it is the right thing to do.
"Competition is a good thing and it makes us better, " Ms Baker says.
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"We knew that it would not be easy and it was good we didn't concede because at this stage of the competition it is not easy, " said Paciencia.
"Eurotunnel intends to continue to work with the Competition Commission to allay the concerns raised by existing ferry operators and to demonstrate that the creation of MyFerryLink is a good thing for the market as it is both pro-customer and pro-competition, " said chief executive Jacques Gounon.
It faces massive competition from entrenched airlines, is loathed by a good chunk of one of the main American political parties, is subsidised by taxpayers, and has never made a profit.
This is not a good development, as it reduces competition and siphons off more of the important capital and entrepreneurial resources needed for growth and innovation into activities such as filling out forms.
Competition is generally thought to be good for economies because it keeps prices low and quality high.
Essentially, it is the act of performing a public good in a way that screws your competition.
Sure, competition is good and an integral part of capitalism but there is also a downside when it becomes too easy for new players to get into the game.
It may outclass much of the competition, but the firm faces a challenge convincing consumers that the camera is as good as rivals' featuring 13 megapixels or more.
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