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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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Firstly a chronic underinvestment in the infrastructure has resulted from falling supplier prices in the deregulated electricity market place.
The retail pharmacy market was partly deregulated in 2001 following a legal challenge, though certain restrictive practices remain in force.
In 1988 the telecommunications industry was deregulated and competition was introduced.
The fuel market was deregulated last year, prompting a series of price hikes that were met with widespread protests.
It has been almost 20 years since the airline industry was deregulated in Canada.
However, prices have risen by a quarter since the household market was fully deregulated at the beginning of the year.

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