deregulate
/dɪˌrɛɡ.yəˈleɪt/Definitions
1. verb
to remove or reduce government control or regulation of a business or industry
“The government has decided to deregulate the telecommunications industry to promote competition.”
2. verb
to remove or reduce rules or restrictions on something
“The new policy aims to deregulate the use of social media in schools.”
3. noun
the act of removing or reducing government control or regulation
“Deregulation has led to increased competition in the market.”
4. noun
a reduction in rules or restrictions
“The company is seeking deregulation to expand its operations.”