If it's true - then just another example of the old guard getting in a lather about the new century. If they want a set of controlled prices, with a cartel of govts setting the prices and no innovation - then they can state that. But if they want a free market (i.e. what the whole of Europe does every day) then you have to let the market do it's thing.
Much better to teach young people to deal with reality than to try and change reality because it's not what you had when you were a kid.