One of the mysteries of the English language finally explained.
Release (a commodity, market, etc.) from controls or restrictions.‘there has been fierce debate over whether gas prices should be totally decontrolled’
- ‘In 1978 Carter secured legislation that fostered conservation and decontrolled the price of some domestic natural gas.’
- ‘Countries accepting US aid had to sign bilateral pacts agreeing to decontrol prices, stabilize their exchange rates, and balance their budgets.’
- ‘In 1984 the new government decontrolled the foreign exchange markets.’
- ‘Innovative policies will come out only when prices are fully decontrolled.’
- ‘The current government has decontrolled prices, reduced subsidies to factories, and abolished central economic planning.’
The action of decontrolling something.‘the assumption that enterprise might flourish in the wake of decontrol’
- ‘From the Evening News, April 12, 1954: WITH the decontrol of the meat trade in July, Smithfield, the country's largest meat market, will become ‘free again’.’
- ‘Regarding the decontrol of oil prices, the opposition in the Supreme Soviet adopted special legislation in the spring of 1992 prohibiting the government deregulation of oil prices.’
- ‘Party representatives argued that price decontrol and currency reform would not work.’
- ‘So long as budgets remained in deficit and governments printed money to bridge the revenue gap, decontrol implied inflation.’
- ‘He says vacancies are up because rent decontrol allowed landlords to raise rents once tenants left, until they virtually priced themselves out of the market.’
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