All of these are examples of attempts to control billionaires in their field through bureaucracy and law.
Yes, this is the free market at work. These billionaires exist in spite of regulations not because of them.
Lifting regulations on corporations solely motivated by raising their profits is like pouring gasoline on a fire and hoping it goes out. It's clear that there's not a right answer, but enabling corporations to just do what they want because the current solution isn't perfect is the exact wrong answer.
Instead of focusing on controlling the rich, we should educate the poor.
Stop arguing like these are mutually exclusive. Both can be done and both are part of the solution. But yes, we have a problem in the short term, and we require a short term solution before we can begin talking about overhauling the system.