規制緩和(きせいかんわ)

きせいかんわ
noun
deregulation; easing of regulations
formalbusinesseconomicspolitics
1. deregulation; relaxation of regulations
The loosening or removal of government rules on business or other activity, usually to encourage competition and growth. A standard term in economic and political news.
規制緩和(きせいかんわ)が進(すす)む。
Deregulation is moving forward.
The government decided to deregulate the taxi industry.
Thanks to deregulation, new companies entered the market one after another.

規制(きせい) (regulation) + 緩和(かんわ) (easing). The opposite direction is 規制強化(きせいきょうか) (tightening of regulations).

Common collocations