Could the shareholders be convinced that the combination leaving (inevitably) exploitable backdoors and telling all of their customers that they'll roll over on 'em at government's slightest whim result in losing more customers than pulling up stakes?
95%+ of people are totally ignorant on the matter and would happily walk off a cliff. The shareholders know that.
If you look at most corporate mentality, it's not about doing a good job. It's about maximising return to shareholders and if doing a shitty job and getting away with it pays off then that's what will happen.
It's better to ask for forgiveness than permission here from a business POV.
(and yes this attitude thoroughly disgusts me but it's prevalent and unavoidable)
because governments won't take no for an answer. they have the means to effectively put a company out of business. hence shareholders really have no voice in this area.
this isn't about profit as some claim, its about the absolute ability of governments to do as they wish. you choice as a corporation is simple, cooperate or get shut down.
to fix this requires getting voters to elect politicians who abhor this arrangement.
