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The following statement falls in line with which philosopher?: Kant (K) or Mill (M) or Aristotle...

The following statement falls in line with which philosopher?: Kant (K) or Mill (M) or Aristotle (A): A regulated free market will produce the maximum good effects that will increase the efficiency of companies through the presence of a professional moral code.

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The statement falls in line with MILL. John Stuart Mill contended that free and unregulated market will lead to inefficiency because sometimes it wastes resources in order to get hold of the market. He and his followers were of the view that in utility services market, there is duplication of efforts by companies which is a complete waste of resources. Hence, government regulation is needed in order to make market less competitive and more efficient.

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