Deregulation is the removal or simplification of government rules and regulations that constrain the operation of market forces.[1] Deregulation does not mean elimination of laws against fraud, but eliminating or reducing government control of how business is done, thereby moving toward a more free market A free market is a market without economic intervention and regulation by government except to regulate against force or fraud. This is the contemporary use of the terminology is used by economists and in popular culture; the term has had other uses historically. A free market requires protection of property rights, but no regulation, no.
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