The definition of a green-market business in the U.S. is still being developed, and there’s a lot of debate over what exactly constitutes a market.
The Green Market Act (GMBA) sets out some of the criteria that can be used to establish a market, and its most common usage is to describe a marketplace where goods and services are bought and sold.
In a market where goods are sold on a “competitive” basis, a seller can choose to offer a service to a customer that would otherwise be impossible.
There are also ways to define a “market” in which services are provided and consumers are treated fairly.
Here’s how to make the distinction.