Regulatory capture is the name for the phenomenon where some governing/regulatory body, charged with regulating/governing some industry for the public good, instead begins serving that same industry to the detriment of the public good.

In this case, ICANN is the body governing all domain names. There are individuals who have moved from employment at ICANN to those organizations involved in the sale of the .ORG tld. Link contains dramatis personae[0].

The movement of individuals between regulator entities and regulated entities (both directions), is often considered a sign of regulatory capture.

There is a common tension, perhaps inevitable, in regulation: Those most familiar with an industry, and therefore with the best knowledge to regulate it, are those who work in that industry. Thus, the best people for a regulator to hire are those who have worked in the industry.

Similarly, those most qualified to advise on matters associated with regulation are those who have crafted the regulation. Thus, the best people for an entity in industry to hire to manage regulatory compliance are those who have worked for the regulatory body.

This wicket becomes sticky quickly.

[0] https://www.privateinternetaccess.com/blog/2019/11/isoc-pir-...