decontrol

[dee-kuhn-trohl]
verb (used with object), decontrolled, decontrolling.
1.
to remove controls, especially government or other official controls, from: to decontrol prices or rents.
noun
2.
the removal of control.

Origin:
1915–20; de- + control

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
decontrol (ˌdiːkənˈtrəʊl)
 
vb , -trols, -trolling, -trolled
(tr) to free of restraints or controls, esp government controls: to decontrol prices

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
Immediate decontrol of old oil prices would change this picture dramatically.
Natural gas prices softened as a supply bubble developed, which persisted for years in response to wellhead price decontrol.
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