Bulgarian Ports Authority illegal, Constitutional Court says

The Bulgarian Ports Authority was registered as a state-owned business enterprise. It has been vested with certain business, regulatory, and executive powers that allow the agency to establish a monopoly on sea and river transportation (chiefly by setting the port taxes, and operating the river- and seaports, which remain public property). This, combined with the fact that NPA is in the category of firms that can potentially be subject to privatization, was enough for the Court to declare its illegallity.

I honestly think that the notion that the state should try to delegate more to private parties is not a difficult one to grasp. How come applying it can be such a failure, and on a regular basis, too?