Oh this is even worse! Imagine if we transitioned to Nation Company states!? The United States of Apple...hey. We don't gotta change anything...USA! USA!
There’s a reason why all the cyberpunk stories are about corporatacracies and/or spacefaring feudalist states running human society in the future. Life imitates art.
I don't see the problem, it will be just like the days of company towns, except way bigger, they will control the banks, hospitals, prisons and military, and you cannot leave unless they let you!