Google has a similar policy: https://opensource.google.com/docs/using/agpl-policy/

This is a great advantage of the AGPL IMO. You can release your free software/open source code, and big tech companies won't use your code and make lots of money.

Some companies tried to relicence their code to some 'source available'/'non commerical' licence because they didn't like the MIT's lack of conditions. AGPL could have helped.