Definitions for "Level playing field"
Removing the distortion in the economy so firms compete on equal terms.
A concept or slogan employed by those calling for efforts to secure both free trade and fair trade. The term alludes to perceived inequities --including protectionism or unfair trade practices (Sec. I) --that "tilt" the conditions of international trade competition in favor of one or another of the participants.
Environment in which all companies in a given market must follow the same rules and are given an equal ability to compete.
a fundamental principle underpinning the idea of a successful market
a good thing, because it means that market forces and consumer demand decide what the products are that are made