Product market
From Wikipedia, the free encyclopedia
Product market is a mechanism that allows people easily to buy and sell products. Services are often included in the scope of the term. Product market regulation is an economic term that describes restrictions in the market.
Related terms are financial market and labor market.
[edit] Product market regulation
According to a OECD ranking in 1998, English-speaking and Nordic countries featured the least regulated product markets in OECD.[1]
The least regulated product markets were in:
- The United Kingdom
- Australia
- United States
- Canada
- New Zealand
- Denmark
- Ireland
