It's not a market economy. It's a regulated capitalist economy.
It is most certainly not a laissez-faire free-for-all. If you want to avoid laws or penalties that involve rapacious profiteering for something that's not an essential need, would you allow the same avoidance for a necessity? For anything and everything?
Would you avoid anti-trust laws? Any sorts of regulation?
The sort of thing you propose, would, naturally have to be applicable to EVERYTHING if you want to be "fair" - and that rapidly leads to both monopoly, and, ultimately, catastrophe.
I get that you came from a communist-bloc country, but a gung-ho "everything the opposite of what was done there" would almost be guaranteed to be far worse than what you experienced.