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Politics & Power Quote by Joichi Ito

"I talked about the barriers created by monopolies. I said that it was the role of government to break up these monopolies and that we couldn't do it alone"

About this Quote

The line lands like a quiet rebuke to Silicon Valley’s favorite origin myth: that lone geniuses, clever code, and “disruption” naturally keep power in check. Joichi Ito frames monopolies not as the byproduct of merit but as engineered barriers - structures that harden markets, lock in users, and make competition feel less like a race and more like a gated community. The word “barriers” matters: it shifts the problem from abstract bigness to lived constraint, the sense that innovation is being fenced off.

The real voltage is in the pivot to government. Ito isn’t making a vague plea for “regulation”; he’s assigning responsibility. “Break up” is blunt, almost old-fashioned antitrust language, invoking the ghost of Standard Oil more than the softer modern vocabulary of oversight and compliance. He’s pointing to structural remedies, not polite scolding.

Then comes the most revealing phrase: “we couldn’t do it alone.” That “we” is doing heavy work. It suggests the limits of civil society, startups, and even well-intentioned insiders when the platform economy has network effects, lobbying muscle, and cultural legitimacy. It’s also a confession from a businessman: markets don’t reliably self-correct when monopoly is the business model. In context, the quote reads as a call to stop pretending that competition policy is optional - and to admit that concentrated tech power is now a political problem, not just an economic one.

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TopicJustice
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The Role of Government in Breaking Monopolies
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About the Author

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Joichi Ito (born June 19, 1966) is a Businessman from Japan.

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