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Release (a commodity, market, etc.) from controls or restrictions:‘there has been fierce debate over whether gas prices should be totally decontrolled’
- ‘In 1984 the new government decontrolled the foreign exchange markets.’
- ‘Innovative policies will come out only when prices are fully decontrolled.’
- ‘In 1978 Carter secured legislation that fostered conservation and decontrolled the price of some domestic natural gas.’
- ‘The current government has decontrolled prices, reduced subsidies to factories, and abolished central economic planning.’
- ‘Countries accepting US aid had to sign bilateral pacts agreeing to decontrol prices, stabilize their exchange rates, and balance their budgets.’
[mass noun] The action of decontrolling something:‘the assumption that enterprise might flourish in the wake of decontrol’
- ‘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.’
- ‘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’.’
- ‘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.’
- ‘So long as budgets remained in deficit and governments printed money to bridge the revenue gap, decontrol implied inflation.’
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