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It's exactly the opposite of that. The fact that scare/scam tactics work is why we add rules to reduce the "openness" of the market. As we find things that companies do that are detrimental to people/society as whole, we add laws and regulations to prevent them from doing that. That is moving _away_ from an open market... to the benefit of society.
Scammers don’t like informed and empowered consumers.
Authoritarians don’t like informed and empowered citizens.
It’s a match-match.