Perhaps I wasn't clear. Let me try again:
When I think of firms not dependent upon nor beneficiaries of the government's largesse, the government's market manipulation, and government's anti-competitive barrier raising, AT&T isn't what comes to mind.
And of course the firm's resistance to market forces is not binary, but rather proportional to how close the firm is to the government corpus. Fannie Mae and Freddie Mac more so than AT&T more so than Apple.