I agree with you, and I think this will eventually lead to a world where governments are unable to exert meaningful influence on large corporations. We're already starting to get there; I have a feeling that if the supreme court had forced Apple to write a custom version of iOS that things could have gotten really messy very quickly -- there were rumors that Apple's entire iOS engineering team was ready to resign if the case went the wrong way. It's plausible to see a scenario where Apple says "You know what? Fuck it, we're based in Ireland now."

Ultimately, I don't think governments are designed to deal with corporations that make as much money as a company like Apple does. These companies are the size of governments -- if Apple decided it wanted to hire a bunch of mercenaries and take over a small country, it could probably do so (if it didn't mind getting embargoed by whoever was friendly to the country they took over).

I wouldn't be surprised to see corporate sovereignty become a big international issue in our lifetimes. International law is a huge grey area, and I expect companies to exploit that to their advantage to avoid enforcement actions by individual nations.