@researchfairy you can privatise ownership but regulate how the service is operated, set rules for pricing etc. not saying this is necessarily a good idea, but it is a thing that is done in practice. requires a government that is willing and able to, of course.
@bjoernstaerk @researchfairy from experience as soneone living in a country with plenty of that (public private partnerships, supposedly regulated essential services, privately managed public services, etc): it's just a strategy so the richbois can extract more tax money and blame "regulations" every time something goes wrong (which always happens eventually).