free market

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See also: free-market

English[edit]

Pronunciation[edit]

  • (US) IPA(key): /ˌfɹi ˈmɑɹkət/, /ˈfɹi ˈmɑɹkət/

Noun[edit]

free market (plural free markets)

  1. (economics) Any market in which trade is unregulated by government; an economic system free from government intervention.
    • 2021 March 10, Christian Wolmar, “Integrated transport: A lot is said but little is being done”, in RAIL, number 926, page 50:
      The very notion of 'integrated transport' has always appalled the free market instincts of the Conservatives, and still does.
    Synonym: open market

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