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10 cards from this deck
State control of industries/businesses/assets by govt or local authority
State taking private assets into public control
1945-51; coal, railways, steel
Northern Rock, Lloyds, RBS, HBOS
Transferring assets from public to private sector
Promoting efficiency
Monopoly abuse - profit prioritised over public service
Rules/controls restricting freedom of economic action
Removing regulations that restricted competition/freedom
Regulators acting for firms' interests, not consumers'
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