"On the one hand," he wrote, trying to sketch this vision out, "restrictions on competition and burdens on private initiative would be lifted … At the same time, some of the resulting wealth-creation would be used to improve safety-net policies that help those at the bottom".
Privatization can also mean the dismantling of existing statutory restrictions on competition.
The detour is needed to stay within Germany's current restrictions on competition.
Already, Internet businesses have collided with state restrictions on competition in businesses from optometry to auto sales.
In many jurisdictions, they say, restrictions on competition are typically enforced only under the most extreme circumstances -- for example, when an employee possesses important trade secrets.
State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned enterprises may be lifted.
Scrapping overregulation and restrictions on competition would help free the services sector, which is smaller in Germany than in most other advanced economies.
For some, the fact that Europe is in its fifth year of economic crisis justifies a loosening of E.U. restrictions on competition law to give struggling airlines a chance to survive.
explored the restrictions on competition that companies like Myriad had put in place — blocking alternatives to the patented tests, and even the practice of interpreting or comparing gene sequences that involved those genes — the restrictions started to look like not just a question of patent law, Mr. Hansen said, but of the First Amendment's guarantee of free speech as well.
Labour depicted these at the time as a backdoor privatisation of the NHS after the regulations, published in February this year, said: "An arrangement for the provision of healthcare services for the purposes of the NHS must not include any restrictions on competition that are not necessary for the attainment of intended outcomes which are beneficial for people who use such services".
Xinhua reported that Mr Wang was "angrily rebuked and had his ears boxed" by Mr Bo.In this section Politics this week Business this week KAL's cartoon ReprintsIndia's coalition government faced a backlash and a day-long strike by unions after it ended months of drifting and decided to loosen some restrictions on competition from foreign firms.
