How has privatization changed things in France?

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2026-02-14 01:25

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Privatization in France, particularly since the 1980s, has led to significant changes in the economy and public services. It aimed to increase efficiency and competition by transferring state-owned enterprises to private ownership, resulting in mixed outcomes such as improved service quality in some sectors, but also concerns about job losses and reduced public accountability. Industries like telecommunications and energy saw major reforms, while the government retained control over strategic sectors. Overall, privatization has reshaped the relationship between the state and the economy, fostering a more market-driven approach.

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