Did some one has the information about the Conditions of an Efficient Market?

Hi all! This seems way too difficult for me, let me try to explain the conditions of an Efficient Market.
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"Conditions of an Efficient Market: - A large number of competing profit-maximizing participants analyze and value securities, each independently of the others - Active participation in the market - Individuals can not affect the market prices - Information must be free - Free entry and exit by market players must be uninhibited. Source:"
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Effective market is a single where the market value is usually an neutral estimate in the accurate price of a purchase.
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