Question: what are the merit and demerit of privatization?
Answer: Advantage: Increased Competition. In the business world, competition is a good thing. ...  Advantage: Immunity From Political Influence. ...  Advantage: Tax Reductions and Job Creation. ...  Disadvantage: Less Transparency. ...  Disadvantage: Inflexibility. ...  Disadvantage: Higher Costs to Consumers. ...  Privatization Pros and Cons at a Glance.