State ownership / private ownership benefits

Today I was invited as a panel member for a discussion on the benefits of state ownership or private ownership in the economy. I am a competition lawyer with a large amount of reading behind me on IO and microeconomics, so wouldn't call myself an expert. However, my idea that which one is better was basically strengthened during the discussions with my learned colleagues. The whole debate is pointless in theory and a matter of reality in practice. And the latter one is a matter of political culture

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