In the 90’s, libertarians were against any consolidation of power (including corporations) that could infringe on individual rights. (This was roughly in Ron Paul’s time.)

That’s been replaced with corporate libertarians, which are against any government power that could infringe on the rights of corporations. See also Rand Paul, and the corporatist movement (which is sadly mainstream in the US, an offshoot of fascism, and essentially indistinguishable from modern libertarianism).

Anyway, they are many things, but I wouldn’t say they’re hypocritical.