We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is Deregulation?

Tricia Christensen
Updated May 16, 2024
Our promise to you
SmartCapitalMind is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At SmartCapitalMind, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

When industries are principally run privately, but controlled to a large degree by a government through laws, this is regulation, but when regulations are removed, allowing the industry a freer hand, this is known as deregulation.

Especially in principally capitalist countries, industries often oppose too much interference from the government. They do not want to have to abide by extra laws created since this might cost money and create extra work. Many businesses argue that government does not have the right to determine how a private industry runs its business, and when it does, it costs money for everyone involved, including consumers. When businesses are allowed to self-govern, it is argued, they are perfectly capable of operating in ethical ways that are protective of the customer, and that don’t lose profits.

Deregulation is not a new concept, especially in places like the United States. It has long been the call of certain sectors of the US population that government interference in business, in the form of regulation and exercise of control over a business, violates some of the basic tenets of the society. To this end, many industries have fought for and won deregulation, gaining far greater control over their industries and the standards they can personally set.

Removing regulations doesn’t necessarily mean all laws are removed, but they may be simpler and easier to follow. Essentially, enough laws for the company or companies to operate in a much more independent fashion may be changed or discarded. Certain industries in the US that have been subject to a degree or more of deregulation include power companies, banking and trading industries, and many widespread transportation agencies.

It is the case that the issue of deregulation is one representing several distinct political viewpoints. Those in favor of lifting, removing or simplifying some regulations argue that this makes economic sense. They suggest that dealing with stiff laws creates profit loss and this will always be conferred to customers of industries through higher prices. On the other hand, simpler laws allowing a company to make greater choices, means less profit loss and more potential money saved by the consumer.

The flipside of this is that deregulation can prove costly and may result in abuses. The fall of the financial markets in the late 2000s was principally blamed on not having enough laws to prevent abuse, and the financial damage accrued was significant and excessive, affecting those with lots of wealth and those who had very little. Even people usually in favor of deregulation began to demand greater government control of the market to avoid a recurrence of this economic disaster. Yet others continue to oppose changes to present laws, suggesting the market has full capacity to regulate itself.

SmartCapitalMind is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Tricia Christensen
By Tricia Christensen , Writer
With a Literature degree from Sonoma State University and years of experience as a SmartCapitalMind contributor, Tricia Christensen is based in Northern California and brings a wealth of knowledge and passion to her writing. Her wide-ranging interests include reading, writing, medicine, art, film, history, politics, ethics, and religion, all of which she incorporates into her informative articles. Tricia is currently working on her first novel.

Discussion Comments

Tricia Christensen

Tricia Christensen


With a Literature degree from Sonoma State University and years of experience as a SmartCapitalMind contributor, Tricia...
Read more
SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.

SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.