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You aren't the first person to notice this, no.

See "The People's Republic of Walmart: How the World's Biggest Corporations are Laying the Foundation for Socialism" by Leigh Phillips and Michal Rozworski.

While the small business sector is an important source of economic dynamism, the success of the large corporation so constructed probably bears some thought.

You could look into what happened with Sears when the CEO, inspired by some of the thinking you've laid out here, tried a decentralized model: https://tinyurl.com/sears-collapse-harvard