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The main arguments for privatisation includes:
- Efficiency gains. When firms are privately owned, there is a greater profit incentive to increase efficiency. ...
- No political interference. In the private sector, there is a pre-commitment by the government not to interfere for political reasons. ...
- Increased share ownership. UK privatisation programme saw a rise in share ownership.
- Raise revenue for the government. ...
- Increased competition. ...
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