Meaning of the word unregulated in English

What does unregulated mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

unregulated

US /ʌnˈreɡ.jə.leɪ.t̬ɪd/
UK /ʌnˈreɡ.jə.leɪ.tɪd/

Adjective

not controlled or supervised by regulations or laws

Example:
The new industry operates in an unregulated market.
There are concerns about the safety of unregulated financial products.