yhtenäismarkkinat

Yhtenäismarkkinat, often translated as the Single Market or Internal Market, refers to a system within the European Union where goods, services, capital, and people can move freely among member states. This principle aims to eliminate internal barriers to trade and facilitate economic integration. The concept was significantly advanced by the Maastricht Treaty and the subsequent completion of the single market program.

The core objective of the yhtenäismarkkinat is to create a level playing field for businesses and consumers across the EU. This is achieved through the harmonization of laws and regulations in various areas, including product standards, environmental protection, and competition policy. By reducing or removing national restrictions, businesses can operate more efficiently across borders, leading to increased competition, lower prices, and a wider choice for consumers.

The free movement of people allows EU citizens to live, work, and study in any member state without requiring specific work permits or facing discriminatory treatment. The free movement of capital enables investments and financial transactions to flow across borders unimpeded. The removal of technical, physical, and fiscal barriers ensures that goods and services can be traded with minimal obstacles. The yhtenäismarkkinat is a cornerstone of the European Union's economic policy.