Regulations to keep markets free.
There is a massive difference between the neoconservative ideological Nirvana and the pragmatic realities of the market, here is what really happens in an unregulated market -
1.Market deregulation
2. Massive expansion of a competitive free market
3.Consolidation of the market into a much smaller number of 'major players' because size brings benefits and efficiencies of scale
4. Cartels
5.Monopolies
Regulation is designed to prevent the abomination of step 4 and 5, which are a foregone conclusion when profit is the only motivator in an unregulated market.. the reason step four and five are an abomination, is because they fundamentally distort the market and destroy capitalism.. there is no real difference between a monopoly and Stalinism.. it is designed to benefit a tiny, centralised elite group and no-one else.. regardless of what the billionaire Koch Brothers propaganda machine would have their minions believe.
The most amusing thing about the neoconservative antipathy to the EU is the fact it has started to create a huge single federal trading entity, with one currency and one central government in addition to local state government.. just like the USA.. so tell me, what was the problem with the magnificent American model of State and Federal government again?
Face it, the whole argument is in reality framed by perceived trading benefits/disadvantages, based on what is written on the cover of your passport.. it has nothing to do with freedom and everything to do with the economics of national self-interest.. and no amount of Chicago School of Economics pixie dust is going to change that.