mar ‧ ket ‧ place /ˈmɑːkətpleɪs, ˈmɑːkɪtpleɪs $ ˈmɑːr-/ BrE AmE noun [countable]
1 . the marketplace the part of business activity that is concerned with buying and selling goods in competition with other companies:
Some retailers worry that new regulations will hurt their ability to compete in the marketplace.
2 . an open area in a town where a market is held