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VORADictionaryC1Deregulation
CEFR C1 — Advanced

Deregulation

Definition

(formal) The process of removing or reducing government rules and controls from an industry or economic sector, often to encourage competition and efficiency.

Example Sentences

1The deregulation of the telecommunications sector in the 1990s led to a surge in innovation and lower consumer prices.
2Did financial deregulation contribute to the instability that precipitated the 2008 global crisis?
3Proponents of deregulation do not advocate for the complete absence of oversight in critical industries such as aviation.
4Examine the long-term consequences of energy market deregulation before implementing similar policies in the water sector.
5There is a persistent debate among economists about whether deregulation ultimately benefits small businesses or large corporations.

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