As bad as what some companies try to do is, legally allowing it is integral to eliminating the problem. We already kinda established this, which is part of why you went in the direction of claiming economics is a false field in the first place.

Outside of that, the irony of the pro-government argument is that it claims that less accountability is more accountable than more accountability. The pro-statist says "I hate that these entities have various levels of power therefore I want one entity to have all the power because I believe that one entity will agree with my desires". It's quite the head scratcher.