single market noun a market consisting of a number of nations, esp those of the European Union, in which goods, capital, and currencies can move freely across borders without tariffs or restrictions Liberaldictionary.com
Creating a single market has several advantages, such as benefiting from larger economies of scale, and having more global economic and political clout.
The Single Market Task Force will examine the European Commission’s strategy on the Single Market and implications for AmCham EU members.