[kmkemp]

That's fine also, but I don't think they're mutually exclusive. If lax laws have allowed monopolies to take hold, then the job of the government is to protect consumers by creating a free market - and that may mean breaking companies up. In the case that the monopoly is natural or sufficiently hard to prevent, the government should either take over the industry and run it as a non-profit or intervene in such a way that creates a free market.

[diminoten]

In absolutely no way should the government do any of those things. The government should instead pass laws that reflect how the people want corporations to behave, and until they do so, not punish or harm corporations for playing by the rules.

The government running an entire industry, even the threat of such a thing, is a great way to completely destroy innovation in that industry. Why would I invest in research if it's a real possibility the government can come in and take everything from me for nothing?

What you're suggesting doesn't create a free market, it creates a dead market.