European Economic Area

noun

1. EEA. a free-trade area created in 1994 by an agreement between the European Free Trade Association (EFTA), excluding Switzerland, and the European Union (EU)

Example Sentences

From 14 January, visitors from countries outside the European Economic Area - a group which includes EU member states, Iceland, Norway and Liechtenstein - will pay an extra €10 to enter the world's most visited museum.

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It also includes family permits for people from countries in the European Union or European Economic Area.

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The commission has the power to block a merger if it finds that an acquisition would threaten competition in the European Economic Area.

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The commission—the European Union’s executive arm—is looking into whether Red Bull developed a strategy to restrict competition across the European Economic Area, specifically in the Netherlands where Red Bull appears to hold a dominant position in wholesale branded energy drinks, it said Thursday.

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The same requirements will apply in Iceland, Liechtenstein, Norway -- members of the European Economic Area including the EU -- and Switzerland.

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