level playing field

level playing field definition - finance
A situation in which all competitors have the same advantages and disadvantages and have to adhere to the same rules. Companies may attempt to argue before Congress or regulators that their competitors have an unfair advantage because the playing field is not level.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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