On the contrary , there are also government enterprises where profit making is not the primary business objective . For example healthcare , privatizing healthcare would mean more priority to the profits rather than patients care .
So privatization varies from industry to industry . The telecom industry for example , has a profit motive to increase its efficiency , on the other hand if it ’ s applied to industries like healthcare and water , the profit motive is less important and will only exploit the consumer . If the market is very competitive , private monopoly may harm consumer interests , but there is great possibility for efficient savings .
Source :
http :// www . researchomatic . com / privatization-151168 . html