privatize industry

Frequency: 7.02.9 per million words

to transfer a state-controlled industry to private ownership

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Examples (10)

  • The government decided to privatize the entire steel industry to boost competition.
  • Critics argue that to privatize essential industries could lead to higher prices for consumers.
  • Many countries chose to privatize their telecommunications industry in the 1990s.
  • The proposal suggests we should privatize the energy industry to increase efficiency and reduce state spending.
  • There was strong opposition from unions when they tried to privatize the mining industry last year.
  • Economists debated whether it was beneficial to privatize state-owned industries in developing nations.
  • If they privatize the water industry, access might become a luxury for some citizens.
  • The move to privatize the national airline industry faced significant public outcry.
  • Some believed that only by allowing private companies to take over could they truly privatize the railway industry.
  • The new economic policy aims to gradually privatize key industries over the next decade.