deregulate
/diːˈrɛɡjəleɪt/
verb
- To remove government rules or controls from an industry or activity, allowing it to operate more freely.
- The government decided to deregulate the airline industry to encourage competition.
- Many economists argue that to deregulate the energy market will lower prices for consumers.
- The new law will deregulate telecommunications, allowing more companies to offer services.
Synonyms