deregulation
(noun)
The process of removing constraints, especially government imposed economic regulation.
Examples of deregulation in the following topics:
-
Applicable Legislation
- Deregulating the utilities industry had a tremendous negative effect on the Californian power industry in 2001.
- We will briefly discuss the three areas receiving the most notice in marketing: product liability, deregulation, and consumer protection.
- A market place shock wave hit these industries as they were deregulated.
- Each of these industries saw the birth of many new competitors attempting to take advantage of market opportunities uncovered by deregulation.
- The deregulation of the airline industry in the US led to many new airlines, new routes, lower prices, and decreased connections for passengers.
-
Yield Management Systems
- Robert Crandall, former Chairman and CEO of American Airlines, gave yield management its name and has called it "the single most important technical development in transportation management since we entered deregulation. "