+**Deregulation** is the process of reducing or eliminating [Government Regulation](/wiki/government_regulation) in an industry or sector. Proponents often argue it fosters [Market Competition](/wiki/market_competition) and innovation, while critics highlight potential risks to public welfare or economic stability.
+## See also
+- [Regulation](/wiki/regulation)
+- [Liberalization](/wiki/liberalization)
+- [Privatization](/wiki/privatization)
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