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Nationalised industries

Nationalised industry prices: Striking a balance between customers and taxpayers

Pages 41-48 | Published online: 07 Jan 2009
 

In whose interest were nationalised industries nationalised? Behind all the esoteric argument ‐ and not a little deliberate obfuscation ‐ over long‐run marginal cost pricing, this question has been ignored, to the detriment ‐ so far ‐ of consumers. A better balance needs to be struck.

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