With markets, "free" is orthogonal to "competitive". Yet all the political rhetoric is about free or not, regulated or not. What we really need to be talking about is how competitive a market is and whether regulations make it more or less competitive.

Free and uncompetitive: social networks

Free and competitive: breakfast cereal

Unfree and competitive: stock markets

Unfree and uncompetitive: comcast, san francisco landlords, NFL