deregulation

nounC1Rare in speech; mostly a word you read · #14,382 of 15,258leans written

Deregulation is the removal of rules that controlled an industry. Airline deregulation, push for deregulation, financial deregulation.

The argument for it is competition and lower prices; the argument against is that some rules were there because something went wrong before. Airline deregulation cut fares sharply, and financial deregulation is blamed for the crash of 2008.

Definitions of deregulation

1nounderegulationThe removal of rules that controlled an industry.C1
“The deregulation of the bus industry allowed private companies to run their own routes.”

deregulation is a policy.

Where it comes from

From de- + regulation.

Etymology from Wiktionary, CC BY-SA

Practised in Politics & Society

Practise this word

deregulation in the wild

Regulatory reform is a parallel development alongside deregulation.
Deregulation
Bus deregulation in Great Britain involved the abolition of Road Service Licensing for bus services outside of Greater London.
Bus deregulation in Great Britain
According to a 2014 report by the Texas Coalition for Affordable Power (TCAP), "deregulation cost Texans about $22 billion from 2002 to 2012.
Deregulation of the Texas electricity market
Alfred Edward Kahn was an American economist and political advisor who specialized in regulation and deregulation.
Alfred E. Kahn
The deregulation of buses applied throughout Great Britain, excluding bus services in Greater London, and was led by the Conservative government.
Transport Act 1985

1 / 2

From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.

Related words

← Vocabulary