corporate welfare

US /ˈkɔːr.pər.ət ˈwel.fer/
UK /ˈkɔːr.pər.ət ˈwel.fer/
"corporate welfare" picture
1.

financial aid or tax breaks given by the government to corporations or businesses, often criticized as unfair subsidies

:
Critics argue that corporate welfare distorts free markets.
The company received millions in corporate welfare.