A truly free market has guardrails to prevent cheating such as monopolies, price fixing etc etc. The current fetishized free market is one of the avenues for mo

A truly free market has guardrails to prevent cheating such as monopolies, price fixing etc etc. The current fetishized free market is one of the avenues for monopoly creation. see Standard Oil, IBM, AT&T. In this kind of free market, if there is no outside influence such as government regulation or crowdsourced guillotines, the person with the most Capital will just buy up all the competitors and on the market. There are regulation-based monopolies are relatively rare. there are examples of natural monopolies such as cable companies using regulation to enhance the power of a natural monopoly. One important regulation-based Monopoly is the one created by patents and copyrights. one fix is to make patents automatically license-able under RAND https://mpeg-g.org/knowledge-base/what-is-a-rand-license-rand-terms/ https://mpeg-g.org/knowledge-base/what-is-a-rand-license-ran.... Inventor is rewarded, everyone gets to use it, pubic licensing terms.