Sorry that I misunderstood you. I agree, now that I have more context.
[It was "Competition in a free market is not a pretty sight" that made me disagree. It is a very pretty sight indeed when scammers fail, and that's something that free markets are conducive to. (I define free market to mean a situation where the government intervenes only to protect individual rights (i.e., they only stop force and fraud). Unfortunately, we don't yet have any free markets in America today, or anywhere else in the world, for that matter.)]