A sufficiently powerful corporation is worse than a government, because the current government at least pretends to play by the rules and in a lot of cases, does. The issue is the rules themselves, which were crafted by? Corps.

Corps are entirely different. They push harder and harder and harder for PROFITS and will inevitably cross lines. When crossing those lines not only has no meaningful penalty, but actually turns a profit, after the fines are subtracted, they will not only continue to do it, but push even harder. After all, there's no real consequences, so why worry?