verb
- removing government controls or regulations from something, especially prices or an industry
Usage: present participle of decontrol
Examples
- The government is decontrolling oil prices next month.
- Decontrolling the telecommunications industry led to increased competition.
- They are decontrolling rent in several districts.
- The process of decontrolling utilities took several years.
- Economists debated the effects of decontrolling the banking sector.
- The policy of decontrolling imports boosted trade.