$\Sigma$-algebraically compact modules and $\mathbf L_{\omega_1\omega}$-compact cardinals

We prove that the property Add$(M)\subseteq$ Prod$(M)$ characterizes $\Sigma$-algebraically compact modules if $|M|$ is not $\omega$-measurable. Moreover, under a large cardinal assumption, we show that over any ring $R$ where $|R|$ is not $\omega$-measurable, any free module $M$ of $\omega$-measurable rank satisfies Add$(M)\subseteq$ Prod$(M)$, hence the assumption on $|M|$ cannot be dropped in general (e.g. over small non-right perfect rings). In this way, we extend results from a recent paper by Simion Breaz.