Economics · Economy
If the government decides to privatise a major public sector monopoly industry, what might be a major negative consequence or concern?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Guaranteed enhancement of social welfare
- 2Immediate permanent increase in public tax revenue
- 3Complete reduction in corruption across the sector
- 4Potential monopolistic practices by private entities✓
Correct answer
Potential monopolistic practices by private entities
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