nationalised industry


an industry which was privately owned, but is now owned by the state

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You should try and make sure that you know how a company becoming a nationalised industry may change them and adjust to it.

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Our company CEO was irate to learn that our subsidiary in Cambodia had been taken over by the government and was now a nationalised industry.

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Previously, the food production industry was run by Jones, Inc., but the government of Russia decided to intervene and demand that they have control of this in a nationalised industry.

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