The structure of a well-functioning market is defined by the theory of perfect competition.

The closer one moves toward well-functioning markets, the more clearly the limits are revealed.

"It's very difficult for people to make an informed choice of what's a good school and that's not conducive to a well-functioning market," he said.

To most of the economists, the expansion reflects a well-functioning free market and some good luck.

There is now a good balance between a well-functioning market and reasonably secure protection for consumers.

A well-functioning internal market can help in this if it adheres to people-friendly standards.

This in turn would also make it possible for us to have a well-functioning market in this sector.

Firstly, we have 30 years of enormous economic growth thanks to well-functioning global financial markets.

We need to have a real and well-functioning internal market with a high level of consumer protection, which, unfortunately, is not the case today.

In a competitive and well-functioning market, the reputation of an agency is enough to ensure the quality of its ratings.