English / word
deregulation
noun C2MEANING IN ENGLISH
the reduction or removal of government regulations and controls from a specific industry or economy
In context
01
Financial deregulation allowed competitive banks to introduce new investment services.
02
Deregulation has increased competition in the telecommunications sector.
Synonyms
liberalization,decontrol,market opening
Antonyms
regulation,control,restriction
Collocations
financial deregulation,market deregulation,economic deregulation