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deregulation |
Also found in: Financial, Wikipedia | 0.06 sec. |
deregulationAction to abolish or reduce government controls and supervision over private economic activities, with the aim of improving competitiveness. This may lead to an increase in company mergers and acquisitions, but also bankruptcies. A wider array of services and lower prices in some industries may also result; see also monetarism; privatization. The financial and transport sectors have been extensively deregulated in the UK, USA, and other countries in recent decades. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The Big Bang evolution in Japan and deregulation in the United States are enabling financial-services convergence in the world's two largest insurance markets. Said William Kriegel, Chairman, Chief Executive Officer and President of Sithe, "Boston Edison deserves congratulations for being among the leaders in the utility industry and for becoming a model for electricity deregulation in the United States. Based both on the product's success and the advent of telecommunications deregulation in the United States, CableData's Intelecable has been made generally available to the North American market. |
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