Hah nah, that just isn't true, look at history at any point. By enforcing regulations to ensure clean restaurants and food, that market has grown so much bigger because people trust eating out by default.Don't overestimate the power of trust in growing a platform. If AirBNB poisoned you every 6th stay, how long would you use them?

Sometimes I am stunned with how libertarian some of these comments are. Government is just us, and it is a amazing because it isn't free market. The free market only works when given strong bumer rails to stay between, otherwise it starts taking advantage of the system and causing environmental damage, damage to labor, etc...

The free market can't do a lot of things. It can't provide high quality health care, it can't provide economic protections, it doesn't provide protections for labor, so many things.