market conduct
/ˈmɑrkɪt kənˈdʌkt/ · mar·ket con·duct
noun
- The behavior and practices of businesses or organizations in a market, particularly in relation to their interactions with customers, competitors, and regulatory bodies. The regulatory agency is responsible for monitoring and enforcing market conduct in the financial sector.
- A code of conduct or set of rules governing the behavior of businesses or organizations in a market. The company's market conduct policy emphasizes transparency and fairness in all dealings with customers.
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Did you know? The concept of market conduct has been a key focus of regulatory agencies and consumer protection organizations for decades, with the goal of promoting fair and transparent business practices in markets around the world.