privatization
A privatization is a transfer of the ownership of a large part, or even the whole, of the capital of a company from the public sector to the private sector. After a privatization, a company may remain under the partial or complete control of the State if the latter chooses to remain a shareholder. The privatizations of the 1980s were the most important, first aimed at competing companies and then public monopolies. They have resulted in a more profitable approach to profitability, in order to fuel the company's hopes of increasing its share price, which has sometimes led to the abolition of unprofitable services when the states did not subsidize them. Tariff increases or site closures deemed not to be sufficiently profitable have made some privatizations unpopular or blamed by anti-liberal movements in developing countries.