price fixing
1Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… …
2price fixing — n. Conspiring with other individuals or companies in the same business to set prices instead of letting them be set by market forces, usually to restrict competition. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc …
3price-fixing — ˈprice ˌfixing noun [uncountable] 1. COMMERCE LAW when companies in an industry agree on the prices they will charge for something. This form of price fixing is done so that companies avoid competing with each other, and is normally illegal: •… …
4price–fixing — price–fix·ing / prīs ˌfik siŋ/ n: the usu. illegal setting of prices artificially (as by producers) contrary to free market operations see also horizontal price fixing, vertical price fixing Merriam Webster’s Dictionary of Law. Merriam Webster.… …
5price-fixing — price ,fixing noun uncount 1. ) an agreement between companies to charge the same price for a particular product, in order to keep the price high: Two leading airlines have been accused of price fixing. 2. ) PRICE CONTROL …
6price-fixing — The organized setting of what the public will be charged for certain products or services agreed to by competitors in the marketplace in violation of the SHERMAN ANTI TRUST ACT (15 U.S.C.A. § 1 et seq.). Dictionary from West s Encyclopedia of… …
7price fixing — price .fixing n [U] 1.) a system in which the government decides the prices of things = ↑price control 2.) an agreement between producers and sellers of a product to set its price at a high level …
8price fixing — n. the setting or maintenance of prices at a certain level, esp. by competitors in collusion …
9Price Fixing — Establishing the price of a product or service, rather than allowing it to be determined naturally through free market forces. Antitrust legislation makes it illegal for businesses to decide to fix their prices under specific circumstances.… …
10price fixing — the establishing of prices at a determined level, either by a government or by mutual consent among producers or sellers of a commodity. Also, price fixing. [1945 50] * * * price fixing, 1. the control of prices by a governmental agency. 2. an… …
