No, that... that's exactly what we have today. An oligarchy persists through captured state regulation. A more free market would have a constantly changing top.
Historically, freer markets have lead to monopolies. It's why we have antitrust regulations in the first place (now if only they were enforced...)
Historically, freer markets have lead to monopolies. It's why we have antitrust regulations in the first place (now if only they were enforced...)