A free market is one that is free of corruption and unfair business practices. Which cannot exist without regulations and the enforcement of those regulations.
We’ve had numerous laws precisely because companies couldn’t play fair, and made things worse for all involved. The government didn’t pass laws against company towns, scrip, and predatory pricing because they decided to ban things for fun.
We’ve had numerous laws precisely because companies couldn’t play fair, and made things worse for all involved. The government didn’t pass laws against company towns, scrip, and predatory pricing because they decided to ban things for fun.