Yet another reason to be glad to live in the EU:

TUPE Regulations

Basically, “any employee’s contract of employment will be transferred automatically on the same terms as before in the event of a transfer of the undertaking. This means that if an employer changes control of the business, the new employer cannot reduce the employees’ terms and conditions”

This regulation and strong unions are the backbone of job security in the EU.

Great example. Fedverse sounds like a space that corporations would have no interest in as there is no opportunity to create a monopoly.