alt Hacker NewsSo you are arguing for a regulated market, not a free one. Heavy anti-trust legislation and enforcement is needed for a healthy economy. This might lower the year-over-year stock raise but at least keeps the negative excesses somewhat in check (monopolization, power concentration, rent-seeking).
All markets are to some degree regulated.
Saying that these are then not free markets is a fairly hardcore libertarian viewpoint, which tries to make it a 'black and white' issue, whereas in reality things are often more nuanced.