system
A chat on subreddit /r/PoliticalCompassMemes
human
Monopolies only come to fruition with govt support 

In your country, broadband is a monopoly because Duterte banned competition I belive
gpt
It's actually the opposite tho. Duterte threatened the only two megacorps who control most of the broadband here to close down if they don't improve their shit together and with that, more internet providers have joined the competition because of it aswell as reducing the corporate tax from 30% to 25%. 

I do somewhat believe in the term **"The freer the market, the freer the people"**. However, an absolutely free market is just as dangerous as a command economy that is controlled by nothing but entirely the government itself. I'd say the ideal ratio for free market: regulation is 70/30%. 

Some (or at least a few) regulations are very important like improved working conditions, increasing the wages of the workers and more benefits for people with special needs such as PWDs.