free market

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free market

n.
An economic market in which supply and demand are not regulated or are regulated with only minor restrictions.

free market

n
(Economics)
a. an economic system that allows supply and demand to regulate prices, wages, etc, rather than government policy
b. (as modifier): a free-market economy.

free′ mar′ket


n.
an economic market regulated by the forces of supply and demand.
[1905–10]

free market

Trade which flows freely between countries without barriers such as tariffs and quotas.
References in periodicals archive ?
Leading PC board manufacturer leverages FreeMarkets QS to drive
Under the terms of the agreement, Tyco will use using a suite of FreeMarkets solutions, including FreeMarkets(R) FullSource(TM), FreeMarkets(R) QS(TM), and FreeMarkets(R) Supplier Implementation to lower its costs and achieve operating excellence across its organization.
WorldSource is the premier forum for executives to access leading edge information that can help them drive their supply management initiatives and bottom line results," said FreeMarkets President and CEO Dave McCormick.
Selects FreeMarkets Solutions for Strategic Sourcing
The agreement extends the relationship which FreeMarkets and Nisa-Today's began in 2002.
A comprehensive, full-featured solution, FreeMarkets QS is the industry's leading sourcing application, and is ideal for structuring and executing effective online negotiations.
In today's global economy, companies are under intense pressure to lower their costs and create efficiencies," said FreeMarkets President and CEO Dave McCormick.
Under the terms of a new agreement, Norsk Hydro is using a suite of FreeMarkets solutions, including FreeMarkets(R) FullSource(TM) and FreeMarkets(R) QS(R), to lower its costs and reduce its supply risk.
Building on the robust functionality of previous releases, FreeMarkets ES 4.
The purchase will position FreeMarkets as the premier provider of sourcing technologies and services to the automotive industry.