deregulation

deregulation definition - finance
The process of reducing the number of laws and rules that apply to an industry in order to allow more innovation and less constraints on companies. Two well-known examples in the United States are the deregulation of the stock brokerage industry in 1975, when brokers were allowed to set their own commission rates, and the deregulation of the telecom industry in 1996.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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