> These things probably could actually be resolved by governmental regulation.

They could, but I wonder if it would actually improve the state of things. We would then need to increase the size of the bureaucracy (in the government and in each institution that does any of these things) to meet these regulations, and given that a bureaucracy becomes less efficient with size it may not actually make things any cheaper.

No, I think public prices would definitely make things cheaper. It would also incentivize keeping bureaucracy lean, there is little to no price incentive to do so now.