Search Results for: DEREGULATION

deregulation

deregulation, n. The reduction or elimination of governmental control of business, esp. to permit free markets and competition. — deregulate, vb. financial deregulation. The lessening of governmental oversight and intervention in the business of financial institutions. • Among other effects, regulation of financial contracts is relaxed and competition for depositors and borrowers increases.

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Deregulation Act of 1978

Deregulation Act of 1978 〈美〉《1978年解除管制法》 一部联邦法律,它逐步减少民用航空委员会〔Civil Aeronautics Board/C.A.B.〕在控制航线和价格方面的权力,到1983年则完全解除管制,而该委员会本身也于1985年被撤销。这是几十年以来第一次通过法律对一个独立的工业部门解除管制,自此以后,解除管制的观念也迅速地深入到其它领域。

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