deregulation Definition
- 1the process of removing or reducing government regulations and restrictions on businesses, industries, etc.
- 2the act of removing or reducing rules and regulations that control something
Using deregulation: Examples
Take a moment to familiarize yourself with how "deregulation" can be used in various situations through the following examples!
Example
The government's deregulation of the airline industry led to lower fares but also to less comfort and safety.
Example
The deregulation of the energy market allowed for more competition among companies.
Example
The telecommunications industry has undergone significant deregulation in recent years.
deregulation Synonyms and Antonyms
Synonyms for deregulation
Antonyms for deregulation
Phrases with deregulation
the removal or reduction of government regulations and restrictions on financial institutions and markets
Example
The financial deregulation of the 1980s led to a wave of mergers and acquisitions in the banking industry.
the removal or reduction of government regulations and restrictions on the airline industry
Example
The airline deregulation of the 1970s led to the rise of low-cost carriers and increased competition.
telecommunications deregulation
the removal or reduction of government regulations and restrictions on the telecommunications industry
Example
The telecommunications deregulation of the 1990s led to the growth of the internet and mobile phone industries.
Summary: deregulation in Brief
The term 'deregulation' [diːˌregjʊˈleɪʃən] refers to the process of removing or reducing government regulations and restrictions on businesses, industries, etc. It can be seen in various sectors such as the airline, energy, and telecommunications industries. Deregulation allows for more competition among companies but may also lead to less comfort and safety. Phrases like 'financial deregulation' and 'telecommunications deregulation' denote specific areas where regulations have been removed or reduced.
