Price discrimination on essential goods is an inequality seen only in colonies - ②
log date: 2026-5-24 The shares of public sector enterprises cannot be traded on the stock exchange because the shares of listed companies affect the ownership structure. Public sector companies are established with public funds and are operated by the government for the purpose of profit seeking for the public interest. Since a state-owned organization where the government determines product prices through supply terms and conditions, must engage in management activities that align with the public interest, it is reasonable to legally prohibit them from listing on the stock exchange. Korea Electric Power Corporation (hereinafter KEPCO) is perceived as a public sector enterprise to such an extent that if you ask South Koreans what kind of company KEPCO is, nine out of ten Koreans will answer that it's a state-owned enterprise. It is true that the government determines KEPCO's electricity rates through the Electricity Supply Terms and Conditions; therefore, viewing KEPCO as a pub...