Competitism -- a form of government based around the idea that competition is good. In general, the goal is to promote competition wherever possible, and intervene when it has become unbalanced for some reason.

In all circumstances, those who are winning bear the greater share of the burden. That is, if you are rich you pay more taxes, if you are better known you carry more public duties. That levels the playing field somewhat, as those trying to pull away from the rest, must go way beyond their abilities. The opposite is also true, if you are poor, you pay no tax, you get lots of help. The systems seeks to keep the gaming going as long as possible, and to balance it as needed.

In any case where competition is no long viable, whether because there are not enough players or collusion has occurred, the government must step in to regulate the circumstance. They must in some way restore competition, at least to the remaining players.

And finally, "caveat emptor" is no longer valid. The buyers are not on the hook to be smart, as cheating them is a way of cheating the game itself. Anyone finding a way around the rules by abusing their customers for example, must carry an extra weight as a consequence. Competition to be valuable has to be fair and honest competition, otherwise it degenerates into something ugly (a principle we hold to in forums like the Olympics).