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When a government deregulates a product thereÊare fewer, simpler regulationsÊfor companies bringing products to market, so it allows more competition and therefore lower priced products.

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Q: What happens with government deregulation of a product?
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Related questions

What marketplace weakens government control?

Deregulation :)


What is bank deregulation?

Bank deregulation is when banks are aloud to do what they want without government interference


When does deregulation occur?

Deregulation happens in the United States as a result of protecting investment on a private company. This happens when the company is entered into public trade.


What term means removing government regulations from business?

I would have to say that is deregulation. P.S. Warning the government no longer has your better interest at heart.


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Which of presidents Ronald Reagan's economic policies may have contributed to the savings and loan crisis?

the deregulation of government banking controls gradpoint


What terms means the reduction of government control over business and other activities?

Deregulation of business refers to a reduction of government. With more control over, government has less involvement in businesses, which is why it is considered to be a smaller government.


To remove government controls on a particular business activity?

deregulation


Discuss the issues that surround the deregulation of petroleum product and state the policy put in place by government to eliminate the phenomenon of the shortages of petroleum product and subsquently?

discuss the issues that surround the de-regulation of petroleum product and state the policy put in place government to eliminate the phenomenon of the shortages of petroleum product and subsequently greatly improve the performance of infrastructral facilities


What is electricity deregulation?

Deregulation is when the government removes rules and regulations that restrict a company of offering competitive prices for a product. For example, if you are shopping for insurance you can try multiple companies to get the lowest price possible. Car insurance companies are everywhere, but with electricity, the majority of customers have only one option. Now applying deregulation to your electricity, you can now shop around for the best rates on you electricity. Not every state in the US has energy deregulation, but at this site you can check on which ones do. (see related link)


When the government eliminates some regulations it is known as?

When the Federal government eliminates certain regulations, it is called, "Deregulation".


When the government deregulates a product or service what happens to it?

Some government regulations over the industry are eliminated.