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deregulation

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deregulation

Action to abolish or reduce government controls and supervision over private economic activities, as with the deregulation of the US airline industry in 1978. Its purpose is to improve competition. Increased competition had the effect, in some areas, of driving smaller companies out of business. A tremendous increase in mergers, acquisitions, and bankruptcies followed deregulation as the stronger companies consumed the weaker. A wider array of services and lower prices in some industries also have resulted; see also monetarism; privatization.



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Deregulation began in earnest in the early 80s with the partial privatization of Japan National Railways (JNR), Nippon Telegraph & Telephone (NTT) and Japan Tobacco.
Can Koizumi privatize Japan? The next wave of reforms challenges the ... by Feller, Gordon / Japan Inc.
Kuttner, co-editor of" The American Prospect, continued: "In principle, deregulation of the power industry was supposed to use the discipline of free markets to generate just the right amount of electricity at the right price.
Regulators helped pull plug by Hoar, William P. / The New American
Projected on-farm impact of deregulation Revenue change Herd from State size deregulation (1) California 1,710 +$210,220 Florida 1,500 -465,900 Idaho 750 +13,710 Missouri 80 -26,200 New Mexico 2,000 -365,280 New York 110 -38,010 Texas 1,300 -240,990 Vermont 134 -42,050 Washington 900 +26,870 Wisconsin 135 -13,620 (1) Assumes national average, 50 cents/cwt.
What if??? FAPRI economists quantify loss of federal programs by Dickrell, Jim / Dairy Today
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