Encourage more smaller privately owned companies rather than massive megacorps.

They all grow by acquisitions, if you want smaller privately owned companies then you also need a strong anti-trust body.

We could keep making companies they want to acquire until they run out of money to acquire them with.

Yes. That is what I want.

So either big companies would lobby against their interest, or SEC would do something independently. Honestly I cannot decide which one is more absurd.