Earlier quoted context omitted.
While I'm not a fan, this is the crux of the Charles Koch book "Good Profit." In short, government oversight / over-reach quickly becomes a game of favoritism and distorted markets. Like it or not, it's hard to argue with that theory.
Not really: "When companies become too large it quickly becomes a game of anti-competitive actions and distorted markets" Companies dont have our interests in mind any more than the government, but we can vote the government out.
Companies are easier to not do business with. Governments only get voted out if enough people agreed to vote with you. Also, only one of these groups generally has the ability to use violence against you, and if the other group has that ability, it is only because the first allowed it to be delegated.