deregulation
US /ˌdiː.reɡ.jəˈleɪ.ʃən/
UK /ˌdiː.reɡ.jəˈleɪ.ʃən/

1.
放松管制, 解除管制
the process of removing or reducing state regulations, typically in the economic sphere
:
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The government announced a new policy of deregulation to boost the economy.
政府宣布了一项新的放松管制政策以提振经济。
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Critics argue that excessive deregulation can lead to financial instability.
批评人士认为,过度放松管制可能导致金融不稳定。