deregulating
Lifting governmental controls
Deregulating is the process of removing or reducing government rules and restrictions that control how businesses or industries operate.
When a government deregulates an industry, it loosens requirements that companies must follow, often with the goal of increasing competition or reducing costs.
The administration has been deregulating the energy sector for years.
Critics argue that deregulating too quickly can lead to consumer harm or environmental damage.
Reducing state economic controls
- decontrolRemove official restrictions
- looseningReducing tightness or tension
- relaxationState of being unwound
- streamliningMaking more aerodynamic or efficient
simplification · overhaul · modernization · restructuring · repeal · abolishment · dismantling · rollback
Struggle for supremacy
- barriersThings blocking access
- entryAccess or submission
- antitrustAgainst corporate market dominance
- monopolyOne seller, no substitutes
oligopoly · supply · demand · innovation · entrepreneurship · free trade · tariffs · subsidies
Official enactment of statutes
- bureaucracyRigid administrative system
- red tapeBureaucratic obstacles to action
- complianceAdhering to requirements
- oversightSupervision or inadvertent omission
standards · enforcement · rules · government · administration · governance · statute · ordinance
Remove bonds from
- freeWithout payment or restriction
- unleashTo release from restraint
- loosenReduce tension or grip
- relaxBecome less tense
unbind · unburden · release · unfetter · autonomy · self-determination · flexibility · independence
liberalization
Reducing state economic controls
- decontrolRemove official restrictions
- looseningReducing tightness or tension
- relaxationState of being unwound
streamlining · simplification · overhaul · modernization · restructuring · repeal · abolishment · dismantling · rollback · cutback
competition
Struggle for supremacy
monopoly · oligopoly · supply · demand · innovation · entrepreneurship · free trade · tariffs · subsidies · laissez-faire
legislation
Official enactment of statutes
- bureaucracyRigid administrative system
- red tapeBureaucratic obstacles to action
- complianceAdhering to requirements
oversight · standards · enforcement · rules · government · administration · governance · statute · ordinance · mandate
unshackle
Remove bonds from
relax · unbind · unburden · release · unfetter · autonomy · self-determination · flexibility · independence · empower
- financebank, CFO, banks, controller, finance
- reformsprivatising, agrarian reform, market reform, constitutional reform, economic reform
deregulatingregulating
Controlling by rules
regulate · restricting · governing · controlling · constraining
deregulatingordering
Placing in sequence
regularizing · systematizing · structuring · organizing · codifying
- financial deregulationReducing government economic controls