The free market will necessarily reward a small number of winners way out of proportion to everyone else. These companies will have a much larger lobbying war chest. Stuff like this is not somehow a betrayal of market principles, but the perfectly predictable result.
It is all very well excluding corporate lobbying from your scholastic definition of a free market. Such a market will never exist anywhere for more than five minutes.
It is all very well excluding corporate lobbying from your scholastic definition of a free market. Such a market will never exist anywhere for more than five minutes.