Mot sure how you seem to compartmentalize this. I do not see any difference between the corps you mention and government. For may it is a revolving door where members of governments get positions in them, as well as parties getting funding, etc. it is all a continuum which creates the overall matrix we are all oppressed under
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I agree. Government is corrupt. Big business that gets in bed with government is corrupted by doing so. The free market isn't free and people have as little control over big business as they do over the state.
In a free society, business would be held accountable by the people who demand transparency and competition through the choices of who they support.