Product market

In economics, the product market is the marketplace where final goods or services are sold to household and the foreign sector .

Focusing on the sale of finished goods, it does not include trading in raw or other intermediate materials.

[1] Product market regulation is a term for the placing of restrictions upon the operation of the product market.

According to an OECD ranking in 1998, English-speaking and Nordic countries had the least-regulated product markets in the OECD.

[2] The least-regulated product markets were to be found in: According to the OECD, indicators for product market regulation include price controls, foreign ownership barriers, and tariffs, among other things.