There have been periods of history where big business was making these anti-competitive arguments without the irony. Wasteful competition was a real concept. As late as the 1980s, people were still studying whether hospital competition was wasteful. Even today, hospital competition is limited in 35 states by certificate of need regulations, a concept that only emerged in the 1960s and was adopted by the Federal Government in 1972 as a reform to Social Security.
So people laugh at crony capitalism and dislike it, but they also live under it and fully accept it as a valid part of their lives. It wouldn't be surprising to me for the satire to be taken for advocacy in some quarters.