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LSDefine

Simple English definitions for legal terms

marketplace of ideas

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A quick definition of marketplace of ideas:

A marketplace of ideas is a place where people can share their opinions freely without the government stopping them. It's like a big store where different ideas are on display, and people can choose which ones they like best. This idea was first talked about by a judge named Oliver Wendell Holmes, and it's been used in American law since 1954.

A more thorough explanation:

A marketplace of ideas is a space where people can express their opinions freely without any government restrictions. This concept was first introduced by Justice Oliver Wendell Holmes as a metaphor to explain the freedom of speech. The phrase "marketplace of ideas" was officially used in American caselaw in 1954.

One example of a marketplace of ideas is social media platforms like Twitter and Facebook. People can share their opinions on various topics and engage in discussions with others. Another example is a public debate where people can present their arguments and counterarguments on a particular issue.

These examples illustrate the concept of a marketplace of ideas because they provide a platform for people to express their opinions freely and engage in discussions with others. In a marketplace of ideas, people can freely compete for acceptance without any government restrictions.

market-participant doctrine | market portfolio

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