Meaning & use
Deregulation
Last updated
The reduction or elimination of government rules and restrictions controlling an industry or activity.
See it in a sentence
Airline deregulation in the late 1970s led to lower ticket prices and more competition.
Critics warned that banking deregulation increased financial risk.
A note on using this word
A major policy theme in economics since the 1970s, especially in transportation, finance, and telecommunications.
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