single market
noun
economics
: a group of countries that have an agreement which allows goods to be moved, bought, or sold between them very easily
the European Union's single market
Examples of single market in a Sentence
Recent Examples on the Web
Many other barriers slow innovation and competitiveness in Europe much more than regulations do: the continent’s fragmented digital single market, lack of deep and integrated capital markets, restrictive immigration policies, inflexible labor markets, and risk-averse entrepreneurial culture.
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Anu Bradford, Foreign Affairs, 21 Apr. 2025
That’s because the auto industry has spent decades operating as if all of North America is a single market, moving cars parts and vehicles freely across borders of the three countries.
—Chris Isidore, CNN, 1 Mar. 2025
According to company data in the year to March 2024, Jaguar Land Rover had $30 billion in total sales, of which $6.5 billion were in America, its largest single market ahead of China at $5.4 billion and the U.K. at $5 billion.
—John W. Dean, MSNBC Newsweek, 5 Apr. 2025
Additionally, no single entity can own more than one of the four largest stations in any single market.
—Tim Baysinger, Axios, 13 Mar. 2025
See All Example Sentences for single market
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Anu Bradford, Foreign Affairs, 21 Apr. 2025
That’s because the auto industry has spent decades operating as if all of North America is a single market, moving cars parts and vehicles freely across borders of the three countries.
—Chris Isidore, CNN, 1 Mar. 2025
According to company data in the year to March 2024, Jaguar Land Rover had $30 billion in total sales, of which $6.5 billion were in America, its largest single market ahead of China at $5.4 billion and the U.K. at $5 billion.
—John W. Dean, MSNBC Newsweek, 5 Apr. 2025
Additionally, no single entity can own more than one of the four largest stations in any single market.
—Tim Baysinger, Axios, 13 Mar. 2025
See All Example Sentences for single market
Cite this Entry
“Single market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/single%20market. Accessed 7 May. 2025.
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