deregulation

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deregulation

The government's deregulation of the telecommunications industry allowed for more competition.

Definition
  1. Noun:
    • The act of removing or reducing government regulations: "Deregulation" refers to the process of eliminating or loosening rules and controls, especially those imposed by a government on a particular industry or economic activity.
Usage
  • "Deregulation" is typically used in economic, political, and business contexts to describe a policy shift away from state control.
  • It is often discussed in relation to industries like aviation, telecommunications, finance, and energy.
Examples
  • Noun:
    • The deregulation of the airline industry led to increased competition and lower fares.
    • Many economists argue that deregulation stimulates innovation and economic growth.
Advanced Usage
  • "to advocate for deregulation": to publicly support the removal of regulations.
    • The new administration began to advocate for deregulation in the banking sector.
  • "a wave of deregulation": a period when many regulations are removed in a short time.
    • The 1980s saw a wave of deregulation across several key industries.
Variants and Related Words
  • Deregulate (verb): to remove regulations from.
    • The government decided to deregulate the telecommunications market.
  • Deregulatory (adjective): relating to or promoting deregulation.
    • The bill was part of a broader deregulatory agenda.
Synonyms
  • Liberalization: The process of making laws or systems less strict.
  • Decontrol: The removal of controls, especially government ones.
Antonyms
  • Regulation: A rule or directive made and maintained by an authority.
  • Control: The power to influence or direct people's behavior or the course of events.
deregulation

The government's deregulation of the telecommunications industry allowed for more competition.

Noun
  1. the act of freeing from regulation (especially from governmental regulations)

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