Deregulation
(
noun
,
verb
)
(As a noun)
Deregulation ( noun )
The removal or reduction of governmental regulations, especially in a particular industry.
Origin:
Late 20th century, from de- + regulation.
Examples:
- The government's policy of deregulation has resulted in increased competition in the telecommunications sector.
- Many economists argue that the deregulation of the banking industry was a major factor in the financial crisis of 2008.
- Critics of the proposed deregulation of the energy market argue that it will lead to higher prices for consumers.
- The airline industry has benefited greatly from the deregulation of the industry in the 1970s and 1980s.
- Some proponents of deregulation argue that it can lead to more innovation and efficiency in industries.
(As a verb)
Deregulation ( verb )
The removal or reduction of governmental regulations, especially in a particular industry.
Origin:
Late 20th century, from de- + regulation.
Examples:
- The government's policy of deregulation has resulted in increased competition in the telecommunications sector.
- Many economists argue that the deregulation of the banking industry was a major factor in the financial crisis of 2008.
- Critics of the proposed deregulation of the energy market argue that it will lead to higher prices for consumers.
- The airline industry has benefited greatly from the deregulation of the industry in the 1970s and 1980s.
- Some proponents of deregulation argue that it can lead to more innovation and efficiency in industries.