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deregulation

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deregulation

Action 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.
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Deregulation has proved a nightmare with so-called predatory tactics, including upping the frequency of buses to "crowd out" rivals or timing buses to run just in front and sometimes also just behind a rival's.
Bus probe looms; OFT orders inquiry into fares and competition issues by Daily Post (Liverpool, England)
Beyond simply increasing competition, the industry deregulation that began in the late 1970s would have an impact on transportation employees for the next 30 years.
The deregulation transformation by Bergman, Bruce / Monthly Labor Review
Yet more fuel has been added to the argument that deregulation of electricity markets is, at the very least, not working the way we were promised.
The failure of electricity deregulation by New Hampshire Business Review
 
 
 
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