this post was submitted on 01 Dec 2023
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Not overnight, no. But I think that they're converging.
Would you say that the market in France of 2023 and Germany of 2023 are more alike or less alike than France of 1923 and Germany of 1923?
I mean, they can get closer but that doesn't mean they'll have the same market in the end. Even they will, they should not toss away their governmental structures in order to please businesses as the article indicates.
Then i recommend you to take a train to a village by the sea, have a look around at the local market there, and then take a train to a village 2 hours inland and look at the local market there. You'll find entirely different goods and the same goods will have different prices.
You will never have the same market everywhere. Doesnt matter if inside a country, inside a region, or heck even in my city the same store chain sell the same products at different prices depending if you are in the affluent city center, the poor outer city belt or the effluent suburbs.
What kind of markets do you mean then? "The market" is a term for a place in the broadest sense, where people trade goods and services, usually for money.
And there will always be local differences. If you think the local food market is too benign then look at gas prices, labor costs, building materials...
It is arbitrary to claim that the differences between two nation states in the EU are a problem and expecting everything to be identitcal, but not demand the same inside a country, inside a region and inside a city.
For all relevant measure the EU is a single market and the local differences are the least concern for a more integrated EU, as the integration is most advanced in this area.
And the claimed singularity of the US market, where clearly those differences are just as strong as in Europe and in many cases much stronger, shows that the OP who made this claim has no concept of what he means and expects with this category.