>Non-authority-imposed regulation isn't 'regulation' in any real sense. How exactly isn't it "real"? Even in the absence of a truly free market, plenty of indu

>Non-authority-imposed regulation isn't 'regulation' in any real sense. How exactly isn't it "real"? Even in the absence of a truly free market, plenty of industries have developed their own self-regulated quality standards. Have you ever checked reviews about something before purchasing? Did a government mandate those reviews to be written? > an absence of government regulation leads to collusion, anticompetitive practices, races-to-the-bottom, and consumer rights violations Isn't it odd that we see more of those problems in industries with the most regulation? In a free market, collusion is ineffective, since any newcomer can undercut prices, forcing the colluding market players to compete. The same could be said for any other unethical or harmful practices; if consumers care enough about a problem, they'll vote with their dollars for better alternatives.