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Longman Dictionary of Contemporary English
open market
noun
EXAMPLES FROM OTHER ENTRIES
▪ efforts to establish a more competitive open market in the former Soviet Union
EXAMPLES FROM CORPUS
▪ I hadn't been on the open market for so long.
▪ It said that the capital's availability in the open market was doubtful and suspect.
▪ Priced on the open market, they would sell for tens and tens of billions of dollars.
▪ The Bank could, and did, make Bank Rate effective by open market operations.
Wiktionary
open market

n. A competitive market where buyers and sellers can operate without restrictions.

Wikipedia
Open Market

Open Market was an ecommerce software startup, founded in Cambridge, Massachusetts in early 1994. It went public in 1996 on the Nasdaq exchange under the symbol OMKT as one of the first ecommerce IPOs. The stock more than doubled on its first day of trading, ending with a $1.2 billion market capitalization. It relocated to Burlington, Massachusetts in early 1998.

In 1999, Open Market acquired Future Tense, founded in 1995, to combine its ecommerce software with Future Tense's content management system.

Open Market was later acquired by Divine in 2001 for about $59 million. Divine later filed for bankruptcy in early 2003. In the same year, Soverain Software acquired Open Market's ecommerce assets, including the TRANSACT product. FatWire Software acquired Open Market's content management business from the Divine bankruptcy. FatWire has extended the Open Market software and currently services Open Market's original content management customer base.

Usage examples of "open market".

The ordinary open market was surrounded not by the usual taverns and inns and shops, but by a maze of galleries and arcades, alight with torches and lamps of a dozen varieties, with merchants of every description lining every side, displaying their wares to crowds of eager customers.

On a number of occasions, particularly troublesome meddlers in C-K had been arrested and offered for sale on the open market by the Queen's Advisers.

In the shadows by the hidden passage in the City walls the air had been heavy with dankest autumn, but here in the open market, Rani felt as if she were back in the glasswrights' kiln.

Jirrle-the man bothered me, had bothered me from the first time he had inspected my boxes in the open market.