Market Integration
/ˈmɑːrkɪt ˌɪntɪˈɡreɪʃən/
Definitions
- (n.) The process or state in which separate markets for goods, services, or capital are unified and operate as a single economic market, often by removing trade barriers and harmonizing regulations.
Market integration can enhance competition and efficiency by allowing free movement of goods across regions.
Forms
- market integration
Related terms
See also
Commentary
In legal contexts, market integration often involves regulatory alignment and elimination of trade restrictions, requiring careful drafting of provisions to address jurisdictional and compliance aspects.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.