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Definition.com

Private sector (n.) gets ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠its name despite massive dependency on public subsidy and protection — as with US supercomputer makers shielded by prohibitive tariffs.