fixing price
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price 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 … Law dictionary
price-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: •… … Financial and business terms
price–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.… … Law dictionary
price-fixing — noun control (by agreement among producers or by government) of the price of a commodity in interstate commerce • Topics: ↑government, ↑governing, ↑governance, ↑government activity, ↑administration • Hypernyms: ↑control * * * ˈprice f … Useful english dictionary
Price — For the surname, see Price (surname). For other uses, see Price (disambiguation). Contents 1 Definition 2 Economic Definition 3 … Wikipedia
Price 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.… … Wikipedia
-fixing — suffix ► dishonest activity to make certain that a competition, race, or election is won by a particular person, organization, etc.: game fixing/grade fixing/match fixing »The board will continue its investigation with a view to determining… … Financial and business terms
price-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 … Usage of the words and phrases in modern English
price fixing, horizontal — n. Price fixing done by businesses selling the same items, i.e., competitors. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
price fixing, vertical — n. Price fixing done between levels of production, such as between retailer and manufacturer, manufacturer and supplier, etc. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
price-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… … Law dictionary
