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(i) Lack of accountability/ Transparency.
(ii) Unstable management/ frequent changes in their management.
(iii) Political interference leading to unethical practices.
(iv) Bureaucracy/ Red-tape leading to rigidity.
(v) Discourage investment due to unfair competition.
(vi) Poor quality goods/ services due to lack of competition.
(vii) Limited choices for consumers.
(viii) Inefficiency leading to poor productivity.
(ix) Burden to tax-payer due to continuous losses.
maurice.mutuku answered the question on July 14, 2017 at 06:39
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