This isn't a republican / Democrat thing. In fact if the government is involved it's not an instance. If it's not capitalists regulating themselves and making themselves more competitive and less shitty. It doesn't count.

And it's easy to understand why this wouldn't work. Also why we had so much legislation against price fixing which is no longer enforced. Put it this way. The base mechanism on how capitalism is supposed to be self-regulating and improving. Is competition. But if you and your competitors actually compete. Your profit margins will always be minimal. Almost nonexistent. However if you and your competitors agree not to compete. You can simply multiply your margins by many times with no extra effort. Thus outside government pressure you have a fiduciary duty to the business owners not to compete. Competition is only in the consumers favor. Never the business owner.