de·reg·u·late 
(dē-rĕgyə-lāt′)
(dē-rĕgyə-lāt′)tr.v. de·reg·u·lat·ed, de·reg·u·lat·ing, de·reg·u·lates
To free from regulation, especially to remove government regulations from: deregulate the airline industry.
de·reg′u·lation n.
de·regu·la′tor n.
de·regu·la·to′ry (-lə-tôr′ē) adj.