When Strategic Industries Falter

A government decides to take control of a strategically important company to protect supply, jobs, and national capability. Examine when public ownership, regulation, subsidies, or a managed market exit are each appropriate. Discuss the risks of politicising commercial decisions, the benefits of preserving industrial capacity, and how foreign policy tensions can complicate the choice. End by designing a decision framework for identifying which industries are too vital to leave entirely to the market.