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Deregulation

British pronunciation/diːɹˌɛɡjuːlˈe‍ɪʃən/
American pronunciation/diˌɹɛɡjəˈɫeɪʃən/
Deregulation
[NOUN]
1

the act of freeing from regulation (especially from governmental regulations)

synonyms : deregulating
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Examples
1Deregulation essentially ended all of this.
2Airline deregulation also brought a plate of consumer complaints about poor service and inadequate traffic control.
3The president ran on deregulation.
4Three of the most important pillars of this Washington Consensus, were deregulation, privatization and trade liberalization.
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