[gaur]

You've explicitly rewritten it as "if X, then maybe Y", exactly as I said.

"If corporations write the laws, then maybe they will restrict or mistreat their users." That's not a law.

[loup-vaillant]

That's not a "maybe" any more by now. Corporation are meant to maximise profits, at the expense of everything else, except braking the law —and even that is debatable. Some jurisdictions even have laws to enforce that mindset.

As soon as profit maximization is at odds with the user's interests (that's pretty much all the time), the corporation will naturally act against the user's interests.

From this, I'm pretty sure "law" is a relatively accurate descriptor.