Why was there a protest against a multinational company in the city of Cochabamba?

(i) The World Bank pressurised the government of Cochabamba to give up its control of municipal water supply.

(ii) The government sold these rights to a multinational company.

(iii) The company immediately increased the price of water by four times.

(iv) Many people received monthly bill off 1,000 in a country where average income is around ? 5,000 per month. This led to spontaneous popular protest.