Re:Chicago sold rights to 36k parking meters for $1.2B that ...
by scotty79 on Wednesday March 01, 2023 @10:28PM
(#34991582)
> Services can often be run more efficiently in private hands but ...
It's not because it's private. It's because it's forced to compete. You can't just transfer ownership of a monopoly into private hands and call it privatisation. You need to split it first, sell parts to adversarial entities and prevent them from buying each other.
It's not because it's private. It's because it's forced to compete. You can't just transfer ownership of a monopoly into private hands and call it privatisation. You need to split it first, sell parts to adversarial entities and prevent them from buying each other.