4 ms·

Isn’t a free market the lack of any government regulation and leaving it up to the “Invisible Hand”? With that definition, monopolies are still “free market”. I

• recursive 6y ago
  That's my understanding.
• wolco5 6y ago
  Companies with a monopoly often have them because of government regulation. Copyright being the best example of shutting out other players in the market. Pure markets are impossible in these environments