If it were a true market, the price would be much lower because it wouldn't be a monopoly.

A market is not defined by how many sellers there are.

	▲	giantg2 2 days ago \| parent [-]
		If you want the market to "function as it should", then yes, the number of sellers plays a big role in a properly functioning market. Thats why we have regulations in additional to the invisible hand.