deregulate
verb (used with object)
to remove government regulatory controls from (an industry, a commodity, etc.).
Used to describe things happening now or regularly.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
It also deregulates old programs, converts defense shipbuilding to commercial, competitive construction and negotiates to lower foreign subsidies.
From Time Magazine Archive
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