Definition of price–fixing
: the setting of prices artificially (as by producers or government) contrary to free market operations
People Are Reading
1889
First Known Use of price–fixing
1889
PRICE–FIXING Defined for English Language Learners
price-fixing
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noun
Definition of price–fixing for English Language Learners
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: the usually illegal act or practice of agreeing with business competitors to set prices at a particular level instead of allowing prices to be determined by competition
Law Dictionary
price–fixing
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noun
price–fix·ing
\ˈprīs-ˌfik-siŋ\
Legal Definition of price–fixing
: the usually illegal setting of prices artificially (as by producers) contrary to free market operations — see also horizontal price-fixing, vertical price-fixing
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