If a Western country cracked down on the megacorps like China has been doing, many people would applaud.
It won't happen because the West worries about the effects on investors while China does not.
Furthermore, Western governments fear the money that megacorps can use to change government policy and influence elections while the CCP doesn't need to worry about such things.
Some of China's actions, like the digital yuan, are nefarious. But many of their latest crackdowns on companies don't seem to fit that narrative.