1. to remove government controls or regulations from something, especially prices or an industry
Usage: economics; government policy

1. the act or process of removing government controls or regulations
Usage: economics; government policy

Examples

• The government decided to decontrol oil prices after the crisis ended.
• Airlines were decontrolled in the 1970s, leading to increased competition.
• The decontrol of rent stabilization affected many tenants.
• Economic decontrol was a key policy of the new administration.
• They plan to decontrol the telecommunications industry next year.
• The decontrol of banking regulations had mixed results.
• Many industries benefited from the gradual decontrol process.