One challenge we face is that corporations are chartered by states not the fed... the Supreme Court found in Dartouth College (1819) that a corporate charter is a contract. Contracts, like property rights, are sacred cows (unless of course it's a contract with a labor union). So, controlling the scope of corporate charters is spread across states... the fed might be able to place bounds on state charters of corporations, but I'm not sure.
The folks at the Program on Corpoations, Law and Democracy would know (POCLAD.org).
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