State-owned enterprises will be required to operate on a purely commercial basis, not necessarily in the interest of the public (think: public broadcasting)

A:

State-owned Enterprises are required to operate on a fully commercial basis and not receive advantages that other countries say are unfair,  unless the government has protected them from the rules (NZ has listed few protections). It will be really hard to create new SOEs that require support or guarantees – such as proposals for a new state-owned insurance company.

 


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