A free enterprise system is a type of economy where the products, prices and service are controlled by the market and not by government.
Free enterprise system can decrease the prices in order to reduce the competition in the market to break the powers of monopoly, which can produce unfavorable effects afterwords.
Moreover, the law tends to protect the trade in favor of free enterprise by passing anti-trust legislation which prevents new monopolies from forming or break up the ones that already exist.
