Because the laws/regulations that are implemented are elastic, which means they aren't constricted and can change or be altered as needed.
The most important inventions during the Renaissance is the printing press
Gold was found on the land
What you are describing is called a monopoly.
A monopoly is when one company or entity controls an entire share of a market. For example, if Apple became the only company you could buy a cell phone from, this would make Apple a monopoly. Monopolies can hurt the American economy, as a business with no competition can essentially charge whatever they want for a good or service since there will be no business who will offer a better prices.