What does "decontrol" mean?
The removal of controls.
noun, verb ·3 syllables ·Uncommon ·Advanced level
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"The shortfall caused by the disruption in Iran amounted to only 5 percent of our normal imports. Despite this limited cutback, the oil industry seized upon the Iranian situation as its “Gulf of Tonkin” to justify its campaign, which your editorial now supports, for decontrols, higher prices and higher profits. Clearly, the gasoline shortage in 1979 was not an act of God."
"When President Reagan decontrolled crude oil, gasoline, and home-heating oil, he did so without formal counsel from Congress and the public."
"When President Reagan decontrolled crude oil, gasoline, and home-heating oil, he did so without formal counsel from Congress and the public."
The removal of controls.
Common synonyms include: deregulate, deregulates, deregulating, deregulation, disengage, liberalization.
When President Reagan decontrolled crude oil, gasoline, and home-heating oil, he did so without formal counsel from Congress and the public.
From de- + control.