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A comment on Public and private sector efficiency. Parent comment
UK has had a fairly strong market liberalization starting from Margaret Thatchers reign 30-something years ago.
e.g. http://en.m.wikipedia.org/wiki/Privatisation_of_British_Rail
What do you think happens when a state monopoly is suddenly privativized without serious competition in the market?
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UK has had a fairly strong market liberalization starting from Margaret Thatchers reign 30-something years ago.
e.g. http://en.m.wikipedia.org/wiki/Privatisation_of_British_Rail
What do you think happens when a state monopoly is suddenly privativized without serious competition in the market?