"Privatised utilities" refers to the process of transferring ownership and control of public services, such as electricity, water, or gas, from the government to private companies or individuals. Full definition
They could buy shares in privatised utilities for a knockdown price and make a quick killing. (labour-uncut.co.uk)
But the distinctive mark of every Labour policy, from health to education, from privatised utilities to the labour market, is more government interference. (margaretthatcher.org)
On the other hand, were such a «greed gene» to exist, it would probably be demanded as a prerequisite for joining certain financial institutions, notably the boards of privatised utilities. (newscientist.com)