If corporations and government are acting together, this is fascism (according to Mussolini). It seems that is already the case. It's just we call it 'democracy'. Perhaps 'crypto-fascism' is the right term.

"Inverted totalitarianism" is the term you're looking for, although with Trumpism we're flipping to just straightforward totalitarianism. "Crypto-fascism" is applicable to Surveillance Valley's fake strain of "libertarianism", which is more accurately described as corporate authoritarianism.