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English definition of “deregulate”

deregulate

verb [T]     /ˌdiːˈreɡ.jʊ.leɪt/
to remove national or local government controls or rules from a business or other activity: The government plans to deregulate the banking industry/the bus system.Liberating, relaxing and releasing deregulation     /ˌdiː.reɡ.jʊˈleɪ.ʃən/ noun [U] Couldn't the deregulation of broadcasting lead to a lowering of standards?Liberating, relaxing and releasing
(Definition of deregulate verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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