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by munk-a
1778 days ago
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You are technically correct - but it's overly pedantic. Another commonly accepted definition of public companies outside of the US is companies that are partially or wholly owned by the government and thus act as a public service. This includes crown corporations in Canada or the USPS in the US. I think within the context they used that calling Microsoft a private company is fair since they have no obligation to "act in the public good". |
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