The article didn’t say it was wrong by my reading: it reported that it’s happening.
That said: “benefits US companies” != good public policy for the US as a whole. It’s explicitly trying to interfere in how other countries govern themselves for the benefit of shareholders, not because it’s necessarily good policy.
It’s also something we wouldn’t necessarily appreciate if done to us by our allies. If we have any actual allies left given all of Trump’s tariffs and threats against other countries.