Wouldn’t that point more to an issue with the implementation of the limit rather than the existence of the limit? Are all implementations equally bad?

Ah... a classical argument of the "communism was never truly implemented" :).

Perhaps. Perhaps initiatives likes these are bound to fail. Not sure how many lives have to be destroyed until people get "statistically significant" results.

If it’s not the implementation that is to blame then one should use an argument that consists of more than one example provided by the highly corrupt governing structures common in India.

That's not even close to what we have today in the US. Antitrust basically doesn't exist in the US.