corporate welfare
US /ˈkɔːr.pər.ət ˈwel.fer/
UK /ˈkɔːr.pər.ət ˈwel.fer/

1.
financial aid or tax breaks given by the government to corporations or businesses, often criticized as unfair subsidies
:
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Critics argue that corporate welfare distorts free markets.
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The company received millions in corporate welfare.