Conversely, non-profit-making entities may compete with profitmaking undertakings and may, therefore, constitute undertakings within the meaning of Article 87 of the EC Treaty. |
The plan to find alternatives to an overweening state in the provision of public services made sense only if profitmaking firms were fully part of the mix. |
It is nevertheless important to clarify what is meant by independence here, and whether these agencies should be profitmaking or not. |
That would prove to future bidders that the government was serious about transferring operating risk to the private sector, and would play well with a public that has never liked the idea of a profitmaking railway. |
Companies seemed to concede that profitmaking was a bad thing. |
There are some good reasons for multilateral organizations and governments not to subsidize the private sector in profitmaking work in forests. |