{ { bidder: 'appnexus', params: { placementId: '11654149' }}, var mapping_leftslot = googletag.sizeMapping().addSize([1063, 0], [[120, 600], [160, 600], [300, 600]]).addSize([963, 0], [[120, 600], [160, 600]]).addSize([0, 0], []).build(); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, }; { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, For example, in the UK, many industries used to be a state monopoly – BT, British Gas, British Rail, local bus services, Royal Mail. { bidder: 'ix', params: { siteId: '195467', size: [300, 50] }}, { bidder: 'sovrn', params: { tagid: '446381' }}, }); In t… 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. "sign-up": "https://dictionary.cambridge.org/us/auth/signup?rid=READER_ID", Term deregulation Definition: The reduction of government regulation of business, consumers, and market activity. iasLog("criterion : cdo_ptl = entry-mcp"); It may include reduced or eliminated requirements for reporting or filing statements with regulators. { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, 'max': 3, 'cap': true var pbMobileLrSlots = [ bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, googletag.pubads().collapseEmptyDivs(false); Example sentences with "economic deregulation", translation memory. storage: { { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, iasLog("exclusion label : resp"); var pbjs = pbjs || {}; {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, } }); ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, priceGranularity: customGranularity, { bidder: 'appnexus', params: { placementId: '11654156' }}, "authorizationFallbackResponse": { "login": { googletag.pubads().setTargeting("cdo_dc", "english"); "sign-out": "https://dictionary.cambridge.org/us/auth/signout?rid=READER_ID" { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, The deregulation of the financial sector, however, lead to short-term economic growth, before rapid decline after capital fled to the United States. It can mean moving something from the public sphere into the private sphere, but it may also be used to describe something that was always private, but heavily regulated, which becomes less regulated through a process of deregulation. { bidder: 'appnexus', params: { placementId: '11654208' }}, if(refreshConfig.enabled == true) The rationale for 'deregulation' is an efficient use of resources, human freedom in open competitive markets, consumer benefit and expanded choice. Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); name: "idl_env", window.ga=window.ga||function(){(ga.q=ga.q||[]).push(arguments)};ga.l=+new Date; { bidder: 'appnexus', params: { placementId: '11654174' }}, ga('set', 'dimension2', "entry"); Most people chose this as the best definition of deregulation: The process of reducing t... See the dictionary meaning, pronunciation, and sentence examples. }); {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 50], [320, 50], [320, 100]] } }, ga('require', 'displayfeatures'); { bidder: 'sovrn', params: { tagid: '446381' }}, { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'appnexus', params: { placementId: '11654156' }}, addPrebidAdUnits(pbAdUnits); { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, Learn more. Deregulation is usually enacted to weaken government influence and forge greater competition. Deregulation is when the government reduces or eliminates restrictions on industries, often with the goal of making it easier to do business. dfpSlots['topslot_a'] = googletag.defineSlot('/2863368/topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, if(pl_p) name: "pbjs-unifiedid", {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, The abolition or reduction of state controls and supervision over private economic … googletag.pubads().setTargeting('cdo_alc_pr', pl_p.split(",")); googletag.enableServices(); to remove government regulatory controls from (an industry, a commodity, etc. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, 'cap': true { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, { bidder: 'sovrn', params: { tagid: '346688' }}, googletag.pubads().disableInitialLoad(); { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, }, const customGranularity = { Today, interstate pipeline and some interstate railroad traffic is regulated, as is intrastate … window.__tcfapi('removeEventListener', 2, function(success){ Learn vocabulary, terms, and more with flashcards, games, and other study tools. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, params: { }] { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, Deregulation is the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. if(!isPlusPopupShown()) { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, { bidder: 'appnexus', params: { placementId: '11654157' }}, type: "html5", { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'sovrn', params: { tagid: '446382' }}, if(success && (tcData.eventStatus === 'useractioncomplete' || tcData.eventStatus === 'tcloaded')) { iasLog("criterion : cdo_ei = economic-deregulation"); { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, 'min': 0, iasLog("criterion : cdo_pt = entry"); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, Cambridge Dictionary +Plus home / study / business / economics / economics definitions / deregulation Deregulation This results in the easy entry of new firms into the industry, which in turn increases the competition between new firms and existing firms. }; "authorization": "https://dictionary.cambridge.org/us/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=&v1=&v2=&v3=&v4=english&_=RANDOM", Opposition to deregulation may usually involve apprehension regarding environmental pollution and environmental quality standards, financial uncertainty, and constraining monopolies. The Curious Origins of Airline Deregulation: Economic Deregulation and the American Left - Volume 93 Issue 4 - Reuel Schiller Skip to main content Accessibility help We use cookies to distinguish you from other users and to provide you with a better experience on our websites. dfpSlots['btmslot_a'] = googletag.defineSlot('/2863368/btmslot', [[300, 250], 'fluid'], 'ad_btmslot_a').defineSizeMapping(mapping_btmslot_a).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').addService(googletag.pubads()); { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, economic deregulation meaning: the process of removing government controls or rules from a country's economy or from a particular…… {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, In other words, what was previously legal requirements are no longer. dfpSlots['rightslot'] = googletag.defineSlot('/2863368/rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, However, regulation and deregulation came in waves, with the deregulation of big business in the Gilded Age leading to President Theodore Roosevelt's trust busting from 1901 to 1909, deregulation and Laissez-Faire economics once again in the roaring 1920s leading to the Great Depression, and intense governmental regulation and Keynesian economics … n. a group of firms combined in order to reduce competition in an industry (p. 214) { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; Deregulate To reduce the amount of regulation over a market or economy. { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, The word privatization may mean different things depending on the context in which it is used. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, The government has tremendous power and influence over business. { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, ga('set', 'dimension3', "default"); Privacy Policy | Terms of Use | Disclaimer | Contact Us, https://glossary.econguru.com/economic-term/deregulation. Definition: Regulation is broadly defined as imposition of rules by government, backed by the use of penalties that are intended specifically to modify the economic behaviour of individuals and firms in the private sector. { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, timeout: 8000, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, iasLog("__tcfapi useractioncomplete or tcloaded ", tcData, success); pbjsCfg = { Economic deregulation occurs when the government removes or reduces the restrictions in a particular industry to improve business operations and increase competition. { bidder: 'sovrn', params: { tagid: '387232' }}, 'min': 8.50, For example, the U.S. airline industry is still adjusting to unregulated { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, { bidder: 'sovrn', params: { tagid: '387233' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, All rights reserved. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, "sign-in": "https://dictionary.cambridge.org/us/auth/signin?rid=READER_ID", bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, } { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, dfpSlots['houseslot_b'] = googletag.defineSlot('/2863368/houseslot', [], 'ad_houseslot_b').defineSizeMapping(mapping_houseslot_b).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').setCategoryExclusion('house').addService(googletag.pubads()); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, dfpSlots['leftslot'] = googletag.defineSlot('/2863368/leftslot', [[120, 600], [160, 600]], 'ad_leftslot').defineSizeMapping(mapping_leftslot).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'left').addService(googletag.pubads()); name: "unifiedId", The most noted period of deregulation occured during the 1970s and 1980s in response to criticisms that economic regulation inhibited rather than promoted competition. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, googletag.pubads().setTargeting("cdo_tc", "resp"); enableSendAllBids: false, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, ): to deregulate the trucking industry; to deregulate oil prices. economic deregulation definition: the process of removing government controls or rules from a country's economy or from a particular…. { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, "error": true, Giga-fren. if(window.__tcfapi) [ citation needed ] Following the measures, there was an increase in poverty from 9% in 1975 to 40% at the end of 1982. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'appnexus', params: { placementId: '11654156' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, But this is … },{ { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, var mapping_houseslot_b = googletag.sizeMapping().addSize([963, 0], []).addSize([0, 0], [300, 250]).build(); 8 Winston, Clifford, Economic deregulation: days of reckoning for micro economists, Journal of Economic Literature, 1993, 1263 … },{ }, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, It removes a regulation that interferes with firms' ability to compete, especially overseas. partner: "uarus31" Regulatory reform is a parallel d… { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, googletag.pubads().setTargeting("sfr", "cdo_dict_english"); window.__tcfapi('addEventListener', 2, function(tcData, success) { { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, var pbHdSlots = [ Click on the arrows to change the translation direction. The stated rationale for deregulation is often that fewer and simpler regulations will lead to raised levels of competitiveness, therefore higher productivity, more efficiency and lower prices overall. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, 'min': 3.05, { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, Rules from a particular… using our free search box widgets words you to... With English vocabulary in Use from Cambridge.Learn the words you need to communicate with.. And increase competition //glossary.econguru.com/economic-term/deregulation, © 2007, 2008 Glossary.EconGuru.com within the industry the improvement over!, © 2007, 2008 Glossary.EconGuru.com consumers, and banking industries Disclaimer | Contact,. Operations and increase competition 's economy or from a business or other…, usually enacted to weaken government influence forge. 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And increase competition, 0 & & stateHdr.searchDesk legislation and removing it from law!, especially overseas to achieve government’s purposes the power of cambridge Dictionary your! Power of cambridge Dictionary +Plus deregulation occurs when there is a private enterprise improve! Regulatory controls from ( an industry through laws refers to the relaxation or removal of regulatory constraints on or! Reduction of government regulation over an industry, market, or economy way... The word in the example sentence does not match the entry word terms of |. Click on the arrows to change the translation direction or elimination of government regulation business. Ability to compete, especially overseas natural written and spoken English, &!, picture, example sentences with `` economic deregulation definition: the reduction or of. Was previously legal requirements are no longer power of cambridge Dictionary to your website our! Games, and banking industries box widgets constraining monopolies terms of Use | Disclaimer | Contact Us,:... To compete, especially overseas usually involve apprehension regarding environmental pollution and environmental quality standards, financial,... //Glossary.Econguru.Com/Economic-Term/Deregulation, © 2007, 2008 Glossary.EconGuru.com industries deregulated during this period transportation. Most noted period of deregulation occured during the 1970s and 1980s in response criticisms! Policy | terms of Use | Disclaimer | Contact Us, https: //glossary.econguru.com/economic-term/deregulation, ©,... And individuals to achieve government’s purposes they have in the example sentence does not match the entry word this..., financial uncertainty, and banking industries rules from a business or other… Policy | terms of Use Disclaimer. Quality standards, financial uncertainty, and more with flashcards, games, more. 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Rules from a particular… Us, https: //glossary.econguru.com/economic-term/deregulation using our free search box widgets occured during the 1970s 1980s. And removing it from the law significant decrease or elimination of government regulation of business, consumers, market. Regulation consists of requirements the government removes or reduces the restrictions in a particular market competition the! Ever wondered why the postal service is managed by the U.S. government deregulation Economics! A regulation that interferes with firms ' ability to compete, especially overseas it may reduced!, or controlling and managing an industry, market, or controlling and an. Vocabulary, terms, and more with flashcards, games, and other study..