Friday, June 3, 2011

Selling Out Consumers: How Water Prices Increased After 10 of the Largest Water System Sales

Do not be fooled by all the talk of privatization being the savior of democracy. The goal of all privatizers is to make money on their investment and by buying municipal water and sewage systems the privatizers buy into a monopoly market with a captive population of customers. Then they will raise water prices, a lot, and that's what this Food & Water Watch study documents. Privatizations are generally a bad deal for the public and water privatizations put an alarming economic cost on a basic necessity of life.

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