[s1artibartfast]

I think it is entirely the opposite. It is all about regulatory capture. You put in place firm regulations that only the largest multinationals can comply with, and in most cases have written themselves to set the bar high and exclude competition

[omgwtfbyobbq]

That's a good point. It's probably some optimal combination of the two. Firm regulations to make it harder for small companies to succeed and rolling back regulations that protect the consumer so companies can improve profit margins.