deregulated system
[/ˌdiːˈrɛɡjuleɪtɪd ˈsɪstəm/]
noun phrasepl: deregulated systems
sistema desregulamentado
1. An economic or operational system in which government regulations and restrictions have been removed or significantly reduced, allowing market forces to operate more freely
The airline industry underwent a deregulated system in the 1980s, which increased competition and lowered fares.
A indústria aérea passou por um sistema desregulamentado nos anos 1980, o que aumentou a competição e reduziu as tarifas.
2. A framework where businesses and services operate with minimal government oversight and control
Brazil's telecommunications sector evolved into a deregulated system to promote innovation and investment.
O setor de telecomunicações do Brasil evoluiu para um sistema desregulamentado para promover inovação e investimento.
In Brazil, the concept of 'sistema desregulamentado' gained prominence during the economic reforms of the 1990s, particularly in telecommunications and energy sectors. In the USA, deregulation is often viewed as promoting competition and innovation, while in Brazil it has been more cautiously embraced with concerns about monopolistic practices. The term reflects broader debates about government's role in economic management, with different connotations depending on political perspective.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →