Is it actually a bad thing? From Asia I definitely see so much shady business practices from small businesses. Customer protection is non-existent. Keeping small businesses in drive prices down, but also drive wages down. I don’t think this is a compromise that many people would be happy with.
Big business also drives down wages way more than small businesses. When you are one of the few major employers in an industry, there is zero need to pay more while sucking in profit. Sure, maybe you could get an union involved but you are still subservient to the same employer who no longer has to respond to any labor market pressure other than quelling the union once in awhile.