Definition of "decontrol" [decontrol]

• To stop control of, especially by the government: decontrolled oil and natural-gas prices. (verb-transitive)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "While I remain to be convinced that decontrol is the preferred option, it is one that should be discussed and debated."
• "He also sought to "decontrol" energy prices in order to stimulate production … "Up to that time, we'd never had inflation and higher unemployment," Ratkus explained."
• "Finally, we deregulated the price of domestic oil and began the decontrol of natural gas—steps that were painful for Democrats, but that probably did more to change the national energy equation than anything else we did."