This really did not age well. There's a problem with this kind of absolute logical reasoning that it's impossible to argue against.
"Sure this company has showed evil in the past, but what specific data do you have to show that they will be evil again?"
"Sure this structure allows the company to have a lot of power, but what specifically makes you think they will abuse it?"
This kind of specious reasoning is far too common in the corporate world to remove resistance to any unpopular sentiments. There comes a point where you really have to trust your gut on something and go with it even if you cannot logically justify it in the moment. That's what separates visionaries from tacticians.