Opinion:
Justafish
It's too early to say whether this will favor corporations per se. A lot of small businesses and private individuals could potentially use drones to undercut corporate monopolies and/or to provide Constitutionally permissible oversight of corporate activities.
Don't get me wrong, I am wary of the introduction of these technologies.
I just don't think we can say for sure what all the outcomes may be yet.The FAA is not responsible for privacy issues. A separate effort is currently underway to define the rules concerning privacy protections.