I do believe there is a carrying capacity, but not because they might put regulation. they already try as hard as they can to limit piracy, just look at new DRM softwares.
But the problem is if piracy become too big, the corporation s will no longer have enough incentive to make the product/servixe at all, and at that point they will just stop. For example, gaming. None of the main company has a passion to make more games despite what they say, and the moment they feel it's not worth it, They'll just kill the whole industry.
So piracy is dangerous in which it might act as a de incentivsor to large corporations, because they care only about money.
Ok explain to me how a biological "wheel" would work