An argument in favor of unregulated markets is that because of private opportunities to contract for information, market intervention in the form of mandatory disclosure rules is both unnecessary and undesirable.

Question

Quizplus · Accepted Answer

Supporters of unregulated markets argue that private parties can voluntarily contract for information, thus making mandatory disclosure rules unnecessary and even undesirable. They believe that markets should be left to function freely without government interference.

An Argument in Favor of Unregulated Markets Is That Because