A reader commented on a reply post of mine:
"truly free markets" are no more possible than that omnipotent geek perched on a mountain top.
Truly free markets are the ideal as far as I am concerned, but I also understand that they are few and far between. I think what I am trying to get at is that market forces are always at work, in spite of the many barriers to their smooth operation.(taxes, regulations, codes, laws, tariffs, etc.)
I presently work as a cook at a busy restaurant. Every single day, the owner or kitchen manager is making countless decisions on how to most efficiently run the business. If a flat of strawberries is up to $56, then they have to decide to go without them for a couple days and hope the price drops back to the $30s, or take the hit because they think the "value added" to the customers is worth the higher cost. And that is just one example of the hundreds of ingredients, products, spices, meats that they have to make decisions on every day.
On top of that, it takes constant innovation to the menu and changes to the special's board to keep customers coming back day after day, week after week. It is an astonishing amount of work and every decision made is dictated by profit and loss. So, although this market is not "truly free", it is still very susceptible to market forces. I have found this to be the case with most business's in the private sector.