1. to remove government controls or regulations from something, especially prices or an industry
Usage: third person singular present tense of ‘decontrol’

Examples

• The government decontrols oil prices next month.
• When the state decontrols the telecommunications industry, competition increases.
• The new administration decontrols several key sectors of the economy.
• Congress decontrols rent stabilization in certain districts.
• The policy decontrols foreign exchange rates gradually.
• The legislation decontrols natural gas pricing for residential customers.