A free market contrasts with a controlled market or regulated market, in which government intervenes in supply and demand through non-market methods such as laws controlling who is allowed to enter the market, mandating what type of product or service is supplied, or directly setting prices.
The array of regulations that govern health care can seem overwhelming to people who work in the industry. Almost every aspect of the field is overseen by one regulatory body or another, and sometimes by several.
- Why Is Health Care Regulation So Complex? http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2730786/