nationalization

(redirected from Reverse privatization)
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Related to Reverse privatization: Nationalised industries
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What is more, most of the Constitutional Court judges did not find the government's defense of the amendment "credible." For example, in defense of the new provision in the law, the government cited lengthy judicial proceedings that last for years and that make it difficult to reverse privatization deals because the company would have invested already and it would therefore be costly to return properties to the government.
And opening markets to foreign trade puts enormous pressure on traditional retailers and trade monopolies." This leads to "growing income gaps and social tensions," which in turn can lead to a range of attacks on US firms, from terrorism to government attempts to reverse privatizations or roll back trade incentives.