“Moderate” politics == corporate donations + laissez-faire - public relations.
This policy is just the public relations part. It’s particularly designed to appease local small business owners without having any measurable effect on the corporate profits.
This is as moderate as it gets. There’s nothing “progressive” about this nonsense. This is exactly the kind of nitpicking contortions moderates perform when they are trying to address social disparities without social solutions. The issue is systemic and the solutions must be as well. The only decent solutions here are broad corporate regulations like anti-trust for prevention and much higher taxes on the wealthy.
This is precisely a result of politicians appeasing local business owners with a public display of affection rather than a real progressive agenda. What could be more moderate than that?