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amou234 | 1 year ago

Sure, then by all means share your evidence or data for a successful foreign state owned enterprise vs private enterprises in that country and other countries

discuss

order

jonnybgood|1 year ago

Aramco

nickff|1 year ago

Aramco’s not a perfect example, as it was built up as a private corporation, and only nationalized as a relatively mature corporation. It also has a state-sanctioned monopoly on a very low-cost, high-price commodity. On the other hand and to be fair to Aramco, the Venezuelans managed to make a mess of their state oil monopoly.