privatized

民営化された産業

Refers to an industry that has been transferred from public (government) to private ownership.

公的（政府）所有から私的所有に移管された産業を指します。

民営化された公益事業体

Refers to a utility company (e.g., for water, electricity, gas) that has been transferred to private ownership.

以前は国営で現在は民間の公共サービス