Buying off politicians who make rules is about as far from "laissez-faire" as you can get. Lobbying regulators and politicians who make big Federal-sized rules

Buying off politicians who make rules is about as far from "laissez-faire" as you can get. Lobbying regulators and politicians who make big Federal-sized rules just the same thing, but at scale. But with regards to market segmentation, economies of scale may make it easier (and presumably more efficient) to run several large, rather than dozens of small organizations.