Deregulate (verb)

1. To remove or reduce government regulations or restrictions on an industry or activity.
2. To free from government control or supervision.

Origin:

From de- ("removal") + regulate ("to control or govern by rules or law.s")

Examples:

1. The government's decision to deregulate the telecommunications industry led to increased competition and lower prices.
2. The airline industry was deregulated in the 1970s, leading to the creation of many low-cost carriers.
3. The company was able to expand rapidly after the market was deregulated.
4. The new administration has promised to deregulate the financial industry.
5. Critics argue that deregulating the industry could lead to increased pollution and safety hazards.