I was going to say "what about research projects that only a billion dollar company can absorb", but now that I think about it an industry consortium seems like a better outcome for society than a monopoly dictating the industry's focus and creating artificial scarcity. It's undoubtedly less efficient, but spreading the work around many organizations reduces the "bus factor" and the duplicated effort of competing incompatible standards.

Small business employ the plurality of Americans. Also, you made a disparaging comment towards Republicans earlier, and I just want to point out that Google, MS, Apple, etc. etc. are virtually all staffed by liberals and Democrats. Oh, and those Wallstreet bankers that seem to be perpetually in the left's cross hairs? Democrat, democrat, democrat.