deregulation
Lifting government restrictions
Deregulation is the removal or reduction of government rules controlling an industry or economic activity.
Proponents argue it increases competition and efficiency; critics warn it can lead to exploitation or instability.
Banking deregulation in the 1980s removed restrictions on interest rates.
The opposite is regulation.
Pro-market, anti-regulation ideology
- laissez-faireNoninterference in commerce
- free-marketUnregulated private exchange
- libertarianismMinimal-government political philosophy
- monetarismEconomic focus on currency regulation
supply-side · trickle-down · capitalism · liberalism · individualism · free enterprise · nonintervention · invisible hand
Against corporate market dominance
- monopolyOne seller, no substitutes
- oligopolyFew firms dominate market
- cartelPrice-fixing coalition
- market entryBeginning commercial presence
barriers · incumbents · challengers · price competition · market share · consolidation · market power · predatory pricing
Government assistance to companies
- cronyismFavoring friends in appointments
- lobbyingAdvocating to decision-makers
- favoritismPreferential treatment of some
- bailoutsEmergency financial interventions
race to the bottom · exploitation · inequality · instability · financial crisis · Enron · environmental damage · worker safety
Improve by correcting faults
- legislationOfficial enactment of statutes
- repealAnnul a statute
- rollbackReturn to prior condition
- dismantlingTaking apart systematically
loosening · relaxation · exemption · sunset clause · executive order · rulemaking · statutory · red tape
Remote signal transmission technology
- airlinesCommercial flight operators
- bankingFinancial institution transactions
- energyPower to do work
- utilitiesEssential infrastructure services
trucking · railroads · broadcasting · financial services · insurance · electricity · natural gas · pharmaceuticals
Belonging to government
- public sectorState-controlled economic portion
- sell-offRapid mass divestiture
- divestitureDisposal of assets
- nationalizationGovernment acquisition of industry
corporatization · outsourcing · restructuring · assets · equity · acquisition · merger · conglomerate
neoliberalism
Pro-market, anti-regulation ideology
- laissez-faireNoninterference in commerce
- free-marketUnregulated private exchange
- libertarianismMinimal-government political philosophy
monetarism · supply-side · trickle-down · capitalism · liberalism · individualism · free enterprise · nonintervention · invisible hand · Adam Smith
antitrust
Against corporate market dominance
market entry · barriers · incumbents · challengers · price competition · market share · consolidation · market power · predatory pricing · breakup
corporate welfare
Government assistance to companies
- cronyismFavoring friends in appointments
- lobbyingAdvocating to decision-makers
- favoritismPreferential treatment of some
bailouts · race to the bottom · exploitation · inequality · instability · financial crisis · Enron · environmental damage · worker safety · market failure
reform
Improve by correcting faults
- legislationOfficial enactment of statutes
- repealAnnul a statute
- rollbackReturn to prior condition
dismantling · loosening · relaxation · exemption · sunset clause · executive order · rulemaking · statutory · red tape · bureaucracy
telecommunications
Remote signal transmission technology
utilities · trucking · railroads · broadcasting · financial services · insurance · electricity · natural gas · pharmaceuticals · healthcare
state-owned
Belonging to government
- public sectorState-controlled economic portion
- sell-offRapid mass divestiture
- divestitureDisposal of assets
nationalization · corporatization · outsourcing · restructuring · assets · equity · acquisition · merger · conglomerate · public-private
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- aviation treatiesbilateral agreements, air rights, landing rights, liberalization
- energyelectricity, power, oil, fuel, gas
- economyGDP, money, inflation, inflation rate, GNP
- postalmail, mail delivery, stamp, stamps, mail service
- utilitieselectricity, water supply, public utilities, water line, gas service
deregulationregulation
Official rules governing conduct
reregulation · government regulation · state control · regulatory oversight · government oversight
deregulationnationalization
Government acquisition of industry
state ownership · public ownership · government takeover · socialization · collectivization
- financial deregulationReducing government economic controls