• @[email protected]
    link
    fedilink
    English
    32
    edit-2
    9 days ago

    I’ve not heard the term privatisation used in this way. This company is already privately owned, just not by a single individual or entity. That’s not the same thing as being publicly owned, at least here in Australia it’s not.

    • @BluesF
      link
      English
      15
      edit-2
      9 days ago

      A “public company” is one that has shares that are publicly traded. Common terminology, but yes it is confusing compared to private vs state ownership.

      Edit: you’re right though, using “privatisation” is doubly confusing… That’s not so common. Perhaps that’s what you meant!