ECONOMIC POLICY OF DEVELOPED MARKET ECONOMIES TOWARDS PUBLIC COMPANIES
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Public companies perform their economic duty of public interest which has
been defined by the Law on Public Companies and other, similar laws or
regulations, whereas state companies are in the possession of the state and they
perform any kind of duty. The most important characteristic of public companies is
the production and distribution of essential goods of great importance for the
economy and society. In this paper, the author pays special attention to the process
of public company privatization in the developed countries of the world, namely in
Great Britain, France and the United States of America.