What constitutes a definition of fascism and fascist governments is a highly disputed subject that has proved complicated and contentious. Historians, political scientists, and other scholars have engaged in long and furious debates concerning the exact nature of fascism and its core tenets. https://en.wikipedia.org/wiki/Definitions_of_fascism
It smells like
Fascism is mainly about subordination of the Individual to the Group/State
- Though both ideologies denied the significance of the individual, Italian fascism saw the individual as subservient to the state, whereas Nazism saw the individual, as well as the state, as ultimately subservient to the race. (But since the Power is with the State, the State still seems like the primary Actor to me.)
as long as the BigCo seems to "deliver", the Core Group can negotiate situations that benefit themselves (Corruption). This can be at the cost to the State, and at the cost to individuals, using the power of the State.