When a company gets bailed out with taxpayer money, why is it not owned by the public now?

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When a company gets bailed out with taxpayer money, why is it not owned by the public now?

In: Economics

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Anonymous 0 Comments

In Australia we bailed out during the covid crisis big time but didn’t ask for ownership or even a claw back if they ended up not needing the money. The government just basically used those cash spraying guns everywhere

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