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What does deregulated mean?

Looking for the meaning or definition of the word deregulated? Here's what it means.

Verb
  1. simple past tense and past participle of deregulate
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The exigencies of market forces and the legacy of over-exploited finite resources and deregulated labour markets remain.
The fuel market was deregulated last year, prompting a series of price hikes that were met with widespread protests.
How successful the strategy is will depend on whether the industry is deregulated further.
The retail pharmacy market was partly deregulated in 2001 following a legal challenge, though certain restrictive practices remain in force.
In 1997 the petroleum products industry was deregulated to increase competition and benefits to customers.
The 1996 Telecommunications Act deregulated radio broadcasting so that any single firm could thenceforth own as many stations as it wished.

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