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.