I think what is often over looked is that corporatism != free market. A corporation is a blend of free choices within a structure defined by the government that trades certain economic freedom for protectionism most often in the way of liability. But government protection against risk is already a violation of free market principles. When people are allowed to take risks but do not need to bear the consequences the rules of the game have been radically altered implicitly changing (in to way that conforms to natural law) the optimal strategy for gain.
Congress continually operates on the notion that it can modify the risk gain relationship and expect people to keep doing things the same way they were doing them before.
For example, one big business has a big idea, and it will be really good for everybody. The problem is that certain tax liabilities make it difficult to do business in a particular way, so they create a tax break for companies doing thing a particular way. Sounds fine until other business look at their models and will restructure to take advantage of the new rules having consequences that the legislature never intended, or at last never expected. So now that the business environment has been screwed up by bad legislation after businesses have adapted to the new rules, they blame the corporations for exploiting loop holes.
It would be like if there were a welfare system that said that anybody wearing a burlap shirt (clearly somebody quite poor) was entitled to $1000 in assistance. Now all the poor people are going to be helped. But what happens after? Some people with enough money that they do not need to wear burlap shirts keep wearing them because they know that if they stop wearing the shirt then they won't get the $1000 next month. Maybe not so bad. But what if a large number of people start going out and buying burlap shirts that never wore one before because they want the money? OR someone starts of a new big business mass producing burlap shirts to meet the new demand?
This isn't people being evil, it is the way people survive in nature. Government has an amazing power to manipulate the rules that guide people. They have a weapon more powerful than anybody is able to control. People are terrible at looking at secondary consequences of their actions. This is a common argument for government to step in and take control. But when an individual acts, other people are able to react and create new opportunities. But it is proportional to their size. The way this WORKS is the principle of spontaneous order. When government changes something, it vast and sweeping. Rather than one or a few people reacting to the influence of an individuals decision, everybody is required to adapt to everybody else. The most immediate effect may have been predictable, but what was already an organic cascade of cause and effect is going to take on a radically new semi-unpredictable direction. While some might like to think that simply repealing the bad law would fix the problem, it may have an equally large effect, but it will not have an equal reverse effect because it is no longer the same environment.
Corporations are not just legal fictions, but "the corporation" as an idea and a law is a public institution.
In short, BAD copyright law has caused people to behave in extremely unnatural ways. People are forced to design their business around the law, but after that, it is laissez-faire (the pieces will fall where they will). Government continues to taint the landscape dictating where the pieces will fall. The unintended result (giving them the benefit of doubt) is three massive media corporations plus one big lobby. Primarily, copyright is so powerful that whoever owns the most can kill anybody with less with the real prize of being able to write the next copyright bill.
The idea that copyright exists to promote science and the useful arts is beyond a joke as it has really manipulated focus from content creation to content creation and distribution control as a primary focus revolving around suing consumers of information, and taking control of the law itself.
Hate the merger, but remember that this is the symptom of bad public policy, not something that calls for one.