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LSDefine

Simple English definitions for legal terms

deregulation

Read a random definition: cum onere debitorum defuncti

A quick definition of deregulation:

Term: DEREGULATION

Definition: Deregulation means reducing or removing the rules and restrictions that the government has on businesses. This allows companies to compete more freely in the market. Financial deregulation is when the government has less control over financial institutions, which can lead to more competition and changes in how financial contracts are regulated.

A more thorough explanation:

Definition: Deregulation is the process of reducing or eliminating government control over businesses, especially to allow for free markets and competition. This can lead to a decrease in governmental oversight and intervention in the business of financial institutions, which can result in relaxed regulation of financial contracts and increased competition for depositors and borrowers.

Example: In the 1980s, the United States government deregulated the airline industry, which allowed for more competition and lower prices for consumers. Prior to deregulation, the government controlled which airlines could operate on certain routes and set prices for tickets. After deregulation, airlines were free to set their own prices and routes, which led to increased competition and lower prices for consumers.

Explanation: This example illustrates how deregulation can lead to increased competition and lower prices for consumers. By removing government control over the airline industry, airlines were able to compete more freely, which led to lower prices for consumers. This is a common outcome of deregulation, as it allows businesses to operate more freely and compete more effectively.

deregistration | deregulation clause

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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