Yes.

This is always going to be the case, because regulation is typically a form of friction.

It is the shape of regulation that matters, and ideology on either side of the divide is religion.

Good regulation and regulators would punish anti competitive behavior, but this will also act as a drag on firms, while preventing firms from reaching certain sizes and potential economies of scale.

The point is that regulation deserves to be understood and crafted well.

Those economies of scale are meaningless to consumers if it means a single firm squeezes everyone in the supply chain and captures the benefit for itself.

This is also a specific weakness in American conversations. The divide between free markets, competition, and regulation are ideological.

If you want good markets you need good regulation and incentive structuring.