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.