deregulation
noun [ U ] uk/ˌdiː.reɡ.jəˈleɪ.ʃən/ us/ˌdiː.reɡ.jəˈleɪ.ʃən/
放松管制
the action of removing national or local government controls or rules from a business or other activity
the deregulation of the financial markets 金融市场的放松管制
Deregulation has led to higher electricity prices in many states. 放松管制导致许多州的电价上涨。
See: deregulate
- More examples
- There were alarming increases in costs following deregulation of the wholesale electricity market.
- They supported deregulation in the financial industries.
- Deregulation law includes rules designed to see that competition develops.