It is vitally important the healthy behavior and functioning of any market economy that fair competition be maintained.
What this means in practice is the dismantling and active regulation of monopoly and oligopoly markets with prohibitive barriers to entry.
Any economy where monopolistic and oligopolistic entities are allowed to exist, is inherently less efficient and slower to develop.
Entrenched Elites within these businesses and corporations have a vested interest in keeping the existing power structure and are thus unenthusiastic about change usually.
In fact throughout history it has often been the case, such as the Russian Tsars, who resisted change and economic development in order to protect the existing power and wealth structure.
Creative Destruction is a vital force of change, when innovations sweep aside existing entities and institutions, is a fundamental part of growth, and by resisting it states consign themselves to history. Our species is no different.