deregulation
noun
                                                                                                                            
                                                            de·reg·u·la·tion
                    
                                                                                                              
                                                                                                                                  (ˌ)dē-ˌre-gyə-ˈlā-shən  
                                                      
                                                          
            
                                
              
          
                                                      : the act or process of removing restrictions and regulations                                      
                
                    
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  Merriam-Webster unabridged




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