Do libertarian arguments based on morality seem extremely myopic?

I've heard libertarians argue against things like putting price caps on rent and the price of drugs is immoral because the government is overstepping its' bounds by telling people at what price they can rent their property or sell their inventions. But here's the thing, when a landlord signs a lease agreement with a tenant, they are signing a contract and unless there is a third party to enforce that contract (the government), it's just a piece of paper and that third party has a say in what kind of contract they will and will not enforce. Similarly with price capping, if you invent a new kind of drug and patent it, if there isn't a government to enforce that patent, anyone can rip it off so if you want the government to prevent that, the government also has a say in under what conditions they will enforce that patent. Now we can have a separate discussion about how much of these regulations are best for the well being of the economy and standard of living but don't claim the government shouldn't have a say in the terms of a contract or patent when they have to enforce it in the first place.
#ThreeArrows
Do libertarian arguments based on morality seem extremely myopic?
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