Laissez-faire is the policy which is based on the idea that governments and the law should not interfere with business, finance, or the conditions of people's working lives. (BUSINESS) n-uncount
...a policy of laissez faire.
Translation English - Cobuild Collins Dictionary
laissez faire , laisser faire
n free enterprise, free trade, individualism, live and let live, nonintervention
English Collins Dictionary - English synonyms & Thesaurus
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"Collins Cobuild English Dictionary for Advanced Learners 4th edition published in 2003 © HarperCollins Publishers 1987, 1995, 2001, 2003 and Collins A-Z Thesaurus 1st edition first published in 1995 © HarperCollins Publishers 1995"