Market Transparency
In
economics
, a
market
is
transparent
if much is
known
by many about what products and/or services are
available
at what
price
and where. This is a special case of the topic at
transparency (humanities)
. A high degree of
market transparency
can result in
disintermediation
due to the buyer's increased knowledge of supply pricing. Transparency is important since it is one of the theoretical conditions required for a
free market
to be efficient.
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