Market Liberalization
/ˈmɑːrkɪt ˌlɪbəˌrəlɪˈzeɪʃən/
Definitions
- (n.) The process of reducing government regulations and restrictions in a market to encourage free competition and private enterprise.
Market liberalization often leads to increased foreign investment and greater consumer choice.
Related terms
See also
Commentary
Market liberalization typically implies legal reform measures aimed at opening markets to competition, often involving changes to regulatory frameworks.
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.