This whole explanation smells of "late capitalism". But even so, we have to judge companies ethically, because how else would new regulation be conceived of?
My point here (I got a rain of negatives, but I got used to, my opinions seem to be very particular) is that we need objetive law to judge.
But the fact of creating laws
in large sectors of people's lives creates evil incentives and dependence on people who did not take part in creating wealth for others.