Not OP, but the dystopian part about it to me is that it’s essentially a few corporations pooling their money together to buy a law that overrules one passed by elected officials. The previous law was one that could be iterated on and improved. Instead, we now have something equally (or even more) imperfect and unlikely to change.

The people voted on it. If that isn't the highest authority, then it isn't Democracy. If corporations can buy elections, then they also would have bought the elections for the state legislature, so, if you decide to go down the path of claiming manipulation to de-legitimize results you don't like, there is no way out.