If it were an unregulated market, the acquisition of Activision would have sailed through. China has shown the world an unregulated capitalist market. It gives you toxic toothpaste and food with sawdust in it.
China is way more regulated tha the US. China is a transitional socialist state with free market elements. It’s not close to the much more free for all with power concentrated with top companies and people like the US has.
Can you point to what isn’t a capitalist market among nation states or regions?