Deregulation
/ˌdiːˌrɛɡjʊˈleɪʃən/
Definitions
- (n.) The process of removing or reducing government regulations and restrictions in an industry.
The government pursued deregulation to foster competition in the telecommunications sector.
Related terms
See also
Commentary
Deregulation often aims to increase market efficiency but requires careful balance to avoid negative externalities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.