Re: the part of the markets and business
the opposite of free markets
And completely free markets really, really don't work. Which is why the apparent bastion of free markets (the US) has government bodies to control business.
The root cause? As soon as one company becomes dominant in a sector then competition disappears and that company becomes entrenched - which prevents any competition.
'Free markets' are only attractive to theorists like Ayn Rand who don't have to live with the consequences. Much like 'pure communism' is only workable in books and theoretical works. Human nature isn't that easily distracted.