deregulation

Definition

The removal of government controls from an industry or sector, to allow for a free and efficient marketplace.

Use deregulation in a sentence

I was glad that the deregulation process was almost over, because I didn't like government interference at all and wanted it removed.

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The republican party is a fond believer that deregulation would add to the diversity of american business and would get the economy back on track.

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There was a time when it was very difficult for new companies to get started because of the many rules and laws from the government, but because of deregulation there are much fewer laws to follow, making it easier to get started.

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