Because it's an overused phrase that doesn't mean what most people think it means. "Free market" is heavily used as a propaganda. Back when I took few economy

Because it's an overused phrase that doesn't mean what most people think it means. "Free market" is heavily used as a propaganda. Back when I took few economy courses, we went over numerous real world examples on how big companies price fix. Sometimes you can have eight players and they'll still agree to fix prices. This wasn't dry theory, this was golf meeting to raise prices by 50% , fishing trips where pieces of papers were exchanged and nobody fished etc. From this, if the government is non corrupt, it's far better for the people that government step in and regulate than leave it to the market with a handful of players.