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Vocabulary Entry
deregulation
|noun • verb
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N
noun
The process of removing or reducing governmental regulations, particularly in the economy.
Example Sentences
"The deregulation of the airline industry led to lower ticket prices."
"Many businesses benefited from the deregulation of banking laws."
"Advocates believe that deregulation can stimulate innovation."
V
verb
To remove or reduce regulations or restrictions imposed by governmental authorities.
Example Sentences
"The government plans to deregulate the telecommunications sector."
"They aim to deregulate the energy market to encourage competition."
"Economic reforms include efforts to deregulate various industries."