In a world where more and more power is concentrated into fewer and fewer large corporations, I'm not so sure this is crazy that they're not allowed to do this,

In a world where more and more power is concentrated into fewer and fewer large corporations, I'm not so sure this is crazy that they're not allowed to do this, nor that it would be a good thing if they were. The natural result would be that different states or nations race to the bottom chasing the corporations to locate there, depriving their citizens of substantial tax revenues that could have been used for the public good. Even if you're against social programs, there is still common infrastructure that everyone benefits from such as roads that need to be paid for.