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deregulation; removal (easing) of (official) restrictions; relaxation of regulations
規制緩和が実施された。
Deregulation was implemented.
規制緩和により新規参入が増えた。
New entrants increased due to deregulation.
政府が経済活性化のために規制緩和を推進している。
The government is promoting deregulation to revitalize the economy.