deregulate
Definition
Verb: To remove or reduce government rules and controls from a particular industry, business activity, or sector. It involves lifting official regulations to allow for freer operation, often with the goal of increasing competition and efficiency.
Usage
The verb "deregulate" is used to describe the action taken by a government or authority. It is typically followed by the object being deregulated (e.g., an industry, a market, a service). * The government decided to deregulate the telecommunications sector. * Many economists argue that it is beneficial to deregulate certain energy markets.
Examples
- In the 1980s, the United States moved to deregulate the airline industry, leading to more carriers and lower fares.
- Critics warn that if you deregulate the financial industry too much, it could lead to instability.
- The new policy aims to deregulate small businesses, reducing the paperwork they must complete.
Advanced Usage
- "to deregulate something": The standard construction, as shown in the examples above.
- Passive Voice: Often used to describe the state or result of the action.
- The trucking industry was largely deregulated in the late 20th century.
Variants and Related Words
- Deregulation (n): The process or result of deregulating.
- The deregulation of utilities is a controversial topic.
- Deregulatory (adj): Relating to or promoting deregulation.
- The administration has a deregulatory agenda.
Synonyms
- Liberalize: To remove or loosen restrictions, especially in trade or markets.
- Decontrol: To remove controls, especially government price or distribution controls.
Antonyms
- Regulate: To control or supervise by means of rules and regulations.
- Restrict: To put a limit on; to keep under control.
Related Concepts
- Free market: An economic system with minimal government intervention, often a goal of deregulation.
- Privatization: The transfer of a business, industry, or service from public to private ownership and control, which sometimes accompanies deregulation.
Verb
-
lift the regulations on
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