German NOUN B2 Rank 7551

die Privatisierung

privatization

die Privatisierung, die Privatisierungen

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Forms adapted from the German Wiktionary entry Privatisierung, by Wiktionary contributors, licence CC BY-SA 4.0.

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confusable

Privatisierung vs Liberalisierung

liberalization

In privatization, public property or government responsibilities pass to private companies. In liberalization, by contrast, rules and restrictions are relaxed so that more freedom or competition becomes possible. Opening up a market therefore does not automatically involve a change of ownership.

Visual example for Liberalisierung
Privatisierung

Durch die Privatisierung verkauft der Staat seinen Energieversorger an private Eigentümer.

Through privatization, the government sells its energy provider to private owners.

Liberalisierung

Durch die Liberalisierung dürfen neben dem staatlichen Energieversorger weitere Anbieter in den Markt eintreten.

Through liberalization, additional providers are allowed to enter the market alongside the state-owned energy provider.

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