No, this is just what happens when capitalism is treated like a religion and thus never questioned nor given safeguards against abuse.
This is also why Europe leans a lot more towards legislative oversight rather than the libertarian attitude that the market will somehow magically correct itself.
Even if in a lot of cases the market would correct, it often takes a lot of time, and with a lot of negative externalities. Society bears the cost of that.
This is also why Europe leans a lot more towards legislative oversight rather than the libertarian attitude that the market will somehow magically correct itself.