That is absolutely incorrect for a multitude of reasons, ranging from anti-discriminatory laws, to antitrust laws, to contract law, to indeed privacy legislatio

That is absolutely incorrect for a multitude of reasons, ranging from anti-discriminatory laws, to antitrust laws, to contract law, to indeed privacy legislation. This kind of "corporations have absolute rights to do whatever they want as long as it's agreed to" stance is specific to the US. The rest of the Western world doesn't do that, and for very good reason - it makes for an extremely unhealthy society where corporations no longer act in the best interest of society.