economics
deregulation
The process of removing or reducing government rules and restrictions in a particular industry.
Example
"Deregulation of the airline industry in the 1970s led to lower ticket prices and more competition."
💡 Memory Tip
DE-regulation — remove the REGULATIONS. Deregulation takes government rules away.
Etymology
De (remove) + regulation — removing regulations from an industry.
Common Misspellings
deregualtionderegulaionderegulatonderegualtion
Related Terms
See Also
regulationfree marketcompetition