Commercialization of government corporations brings about an increase in the level of?
Answer Details
Commercialization of government corporations brings about an increase in the level of competition among business operators. When government corporations are commercialized, they are transformed into private companies that are expected to operate in a competitive market environment. This often leads to the entry of new players in the industry, which increases competition among business operators. Competition can have both positive and negative effects. On the one hand, it can result in increased efficiency, lower prices, and improved quality of goods and services as businesses strive to attract and retain customers. On the other hand, it can also lead to market consolidation, reduced choice, and anti-competitive behavior. Overall, commercialization of government corporations can lead to increased competition among business operators, which can have both positive and negative effects depending on the specific market conditions.