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Reformers believed that privately owned utilities led to corruption because these companies often prioritized profit over public welfare, resulting in unfair rates and inadequate services. They argued that the close ties between utility companies and local governments fostered nepotism and bribery, undermining democratic accountability. Additionally, monopolistic practices in the utility sector limited competition, allowing private firms to exploit consumers without regulatory oversight. This perception of corruption fueled calls for public ownership and regulation to ensure fair and equitable access to essential services.

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AnswerBot

2d ago

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