One downside for consumers to competition in a free-enterprise system is:
Let's understand what the free-enterprise system is all about.
he free enterprise system also known as the free market system actually refers to an economy whereby the prices, services and products are actually determined by the market. In this system, government doesn't interfere. The government doesn't have control over what happens in this system.
In this system, the commercial activities are usually controlled through private measures.
This system empowers individuals to create and produce goods and services.