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