free market
noun
plural free markets
: an economic system in which prices are based on competition among private businesses and are not controlled or regulated by a government : a market (see market entry 1 sense 4d) operating by free competition
… the free market works best when businesses compete to provide the best services …—
Chris Tomlinson
Chris TomlinsonA free market, technically, requires no government intervention, which is why capitalists usually land on the right of the political spectrum. In America, the government regulates businesses for reasons of social welfare and public safety …, so we don't operate in a truly free market.—Carolyn Twersky
—often hyphenated when used before another nounCarolyn Twerskyfree-market competition
free-market principles
One of the basic premises of the free-market system is that actors are free to buy from or sell to a variety of other actors.—Barry C. Lynn
Barry C. LynnExamples of free market in a Sentence
Recent Examples on the Web
Republicans, who generally favor free markets, have won control of the Senate and the House of Representatives as well.
—Trefis Team, Forbes, 9 Dec. 2024
The case could set a precedent for how the U.S. addresses foreign ownership of digital platforms while balancing national security and free market principles.
—Paul Du Quenoy, Newsweek, 9 Dec. 2024
Despite the business community’s potential to be a powerful ally in the climate fight, it has largely been sidelined by free market ideologies that promote voluntary corporate sustainability over necessary regulation.
—Auden Schendler, Harvard Business Review, 25 Nov. 2024
Zoë Schiffer: Particularly for the last two, suspicion of centralized power and the importance of free markets, those feel like tenets that have come up again and again in recent years in the tech industry for sure.
—Lauren Goode, WIRED, 21 Nov. 2024
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Trefis Team, Forbes, 9 Dec. 2024
The case could set a precedent for how the U.S. addresses foreign ownership of digital platforms while balancing national security and free market principles.
—Paul Du Quenoy, Newsweek, 9 Dec. 2024
Despite the business community’s potential to be a powerful ally in the climate fight, it has largely been sidelined by free market ideologies that promote voluntary corporate sustainability over necessary regulation.
—Auden Schendler, Harvard Business Review, 25 Nov. 2024
Zoë Schiffer: Particularly for the last two, suspicion of centralized power and the importance of free markets, those feel like tenets that have come up again and again in recent years in the tech industry for sure.
—Lauren Goode, WIRED, 21 Nov. 2024
See all Example Sentences for free market
Dictionary Entries Near free market
Cite this Entry
“Free market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20market. Accessed 21 Dec. 2024.
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