I'm going to get hated on for this,
Yes, and deservedly so.
but if you're renting a laptop. it's not yours.
No one is claiming ownership of the laptop, but the real problem is this next bit:
This company has every right to do whatever the hell they want with it.
Pants-on-head crazy. If you rent/lease an apartment, can your landlord take a shower at night in your bathroom? Can he watch you while you sleep? It's not just creepy-wrong, it's illegal.
Don't like it? Tough. Either go buy a laptop, which makes it yours, or find a way to disable the program, which no doubt is against the rental agreement.
Contract law can be a complicated thing, but here's something to know: if a person tells you to do something illegal, in a contract that you sign,
you don't have to do the illegal thing. If a person says that they're going to do something illegal, and you sign the contract, that doesn't absolve them of wrongdoing.
(This is not legal advice, I am not your lawyer, etc)