Definitions

1. verb

to remove or relieve a restriction or control, especially in order to allow something to increase or become more free

“The government decided to decontrol the prices of essential goods to help the economy recover.”

2. noun

the act of removing or relieving a restriction or control

“The decontrol of the market led to a significant increase in production and employment.”

3. noun

a state or period in which restrictions or controls are removed

“During the decontrol period, the government reduced taxes and regulations to encourage business growth.”