Definition of deregulation in English English dictionary
The process of removing constraints, especially government imposed economic regulation
The airline industry has not been profitable since Ronald Reagan began deregulation.
The act of freeing from regulation (especially from governmental regulations); (synonym) deregulating
or the elimination of regulatory requirements Economic deregulation initiatives have been carried out in a number of areas, including such public utility sectors as transportation and communications In some cases, governments are striving to achieve the same goals as those pursued by mechanisms other than traditional regulations, including voluntary agreements, self-regulation, dissemination of information and eco-taxes
Removal or relaxation of regulations or controls governing a business or service operation such as utilities
Particularly observed in the transport and telecommunications sectors, deregulation consists in a shift to a competitive economic climate by reorienting and/or suppressing regulatory mechanisms Deregulation, however, does not necessarily refer to complete absence of free market regulation measures but rather to the promotion of competition-inducing ones (which can seek elimination of monopolies, for example)
Process of removing regulatory authority over regulated companies In a deregulated environment rates and services will be determined by the market place in much the same manner as other consumer goods
Removal or relaxation of regulations or controls governing a business or service operation such as utility
The loosening of federal and state laws and regulations that govern the generation, transmission and distribution of electricity Congress deregulated wholesale power markets in 1992, thus authorizing utilities to open their high-voltage transmission lines to wholesalers and other power sellers Subsequently, a number of states have adopted or are considering deregulation laws
Deregulation is the removal of controls and restrictions in a particular area of business or trade. Since deregulation, banks are permitted to set their own interest rates
Changes ordered by state and federal regulators and the courts to introduce competition into the telecommunications industry
The loosening of federal and state laws and regulations that govern the generation, transmission and distribution of electricity
An economic policy, begun during the administration of Jimmy Carter, which freed air and surface transportation, the savings and loan industry, natural gas, and other industries from many government economic controls
The process of removing regulations or other barriers that may restrict an industry
The pricing of products and services without approval of a federal regulatory body, specifically the process of modifying or ending government control over how and at what price natural gas is sold Deregulation will not compromise the safety or the reliability of our distribution system
The elimination of regulation from a previously regulated industry or sector of an industry
Deregulation splits off two lines of the power business that have been controlled by monopoly utilities It allows new players to compete in providing electric services setting their own prices rather than negotiating with state regulators on a fixed rate
Deregulation is the process of reducing the regulatory control that states have over insurance rates and forms
A reduction in regulation of (a) tariffs, (b) market entry and exit, and/or (c) facilities in public telecommunication services
Reduction or elimination of government price controls and other regulation of the electric utility business
The process of removing restrictive regulations on previously regulated companies
the lifting of government regulations to allow the market to function more freely
(1) A 1983 Federal Communications Commission ruling which freed Sprint and other interexchange carriers from the need to file rate changes or seek authority from FCC to expand AT&T was not deregulated because of its economic power and market dominance
In insurance, reducing regulatory control over insurance rates and forms Commercial insurance for businesses of a certain size has been deregulated in many states
The elimination of regulation from a previously regulated industry or sector of an industry, sometimes used interchangeably with restructuring
the ending or relaxing of legal regulations or restrictions in a particular industry (e g the stock exchanges in New York in 1975, in London in 1986)
The process of decreasing or eliminating government regulatory control over industries and letting competitive forces drive the market
To deregulate something means to remove controls and regulations from it. the need to deregulate the US airline industry. to remove government rules and controls from some types of business activity