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RE: Privatization of State Industry in Germany

in #politics7 years ago

There's been instances in my country (Australia) where government-owned infrastructure assets are privatized and then bought back by the government. So stupid and pointless.

Why would a nation want to sell of vital infrastructure like a major power grid to a foreign country in the first place?

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"More competition is good for the customer" is what they told us.

That's true actually; it's just that they have no interest in creating competition...

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