> That has always been the beauty of free markets - it's self healing and calibrating. You don't need a big powerful overseer to ensure things are right.

If by "self healing and calibrating" you mean 'evolve to a monopoly and strongarm everybody to do exactly what you want whilst removing all pressure on the quality of your product', then yes, that is the "beauty" of free markets.

That is the stable state of free markets. Antitrust regulation and enforcement only barely manages to eke out oligopolies and even then they are often rife with collusion and enshittification.