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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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In 1821 liberals gained political power and the tobacco industry was likewise deregulated.
However, prices have risen by a quarter since the household market was fully deregulated at the beginning of the year.
Firstly a chronic underinvestment in the infrastructure has resulted from falling supplier prices in the deregulated electricity market place.
The 1996 Telecommunications Act deregulated radio broadcasting so that any single firm could thenceforth own as many stations as it wished.
In 1988 the telecommunications industry was deregulated and competition was introduced.
The retail pharmacy market was partly deregulated in 2001 following a legal challenge, though certain restrictive practices remain in force.

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