Companies quite literally marketed and sold opium for children[1] in the US before the FDA was created.
[1] https://www.theguardian.com/commentisfree/2016/mar/15/long-o...
Not sure there is a clear distinction. Companies and institutions are owned and ran by people.
You can run a one-man corporation if you like.
In any case, they operate with a different incentive structure than single private citizens do. I don't think it's a revolutionary thing to say that companies don't, in fact, behave like physical people do.
Just like the Covid restrictions have shown, trying to appeal to the responsibility of the individual doesn't seem to be the winning move for governments.
1.) Society may not know what is best 2.) Even if it is the best option the push back will still exist and in many cases attempting to force the issue will galvanize opposition