Am sure you have seen this in the press in the last few days. 

It was announced in the Queen's Speech last week that a new raft of legislation will determine what letting agents can charge.

Seriously?

I have read reports in City A.M, the Standard and few if any financial journalists see a problem. 

Surely it is the job of the free market and competition to determine the market rates?

If one agency charges too much, you simply shop elsewhere.

Last I checked no single agency had a monopoly in the market. 

Fair enough, I am just throwing out some contra arguments to stimulate debate but for not one single paper (I believe) to make the free market point is just frankly odd. 

Do you agree?