What is another word for open market?
Pronunciation: [ˈə͡ʊpən mˈɑːkɪt] (IPA) 
An open market refers to a marketplace in which the goods and services are bought and sold freely in a competitive environment. Synonyms for open market include free market, free enterprise, laissez-faire, deregulated market, and uncontrolled market. The free market emphasizes the freedom of individuals to make transactions without any undue influence from government or other centralized control. The term laissez-faire, which originates from French, means "let-do" and refers to minimal government intervention in market operations. The deregulated market is another synonym for an open market, meaning that restrictions and regulations on trading are lifted. An uncontrolled market implies that there are no restrictions or regulations on buying and selling.
