Government regulations criminalize all kinds of rational, productive, and honest business activity. As bad as this is, the non-objective nature of the regulatory state and the wide powers its enforcers wield can enable regulators to get away with extorting large sums from honest producers even when there is no clear wrongdoing according to their own rules.
Like General Motors, Bethlehem Steel was an iconic American corporation. It was the second largest steel producer in the United States. It helped build the Golden Gate Bridge, over 1,000 ships during World War II, and much of the New York City skyline.
One of the great things about living in a free country is that you have the freedom of association—meaning the freedom to choose who to do business with. For example, if your business is using a contractor who is rude and unreliable, you are free to end your relationship with him and to instead pursue business with someone else. But this freedom is restricted by the Wagner Act.