This research examines when it is best to sell part of a government-owned company competing with foreign and domestic companies that need its products. If the goods are used within the country (like construction materials), it's good to partially privatize the government company. However, if the products go to foreign trade (like steel), partial privatization is not the best move. In short, for products used locally, a mix is recommended; for products abroad, it's better to keep things public or fully private!