price-fixing

noun

price-fix·​ing ˈprīs-ˌfik-siŋ How to pronounce price-fixing (audio)
: the setting of prices artificially (as by producers or government) contrary to free market operations

Examples of price-fixing in a Sentence

Recent Examples on the Web Khan also hinted at what tech regulations may be coming down the pike, noting that the FTC and Justice Department are scrutinizing how companies potentially use algorithms for price-fixing. Cnn.com Wire Service, The Mercury News, 2 Apr. 2024 Homeowners and their attorneys argued in federal lawsuits across the nation that the decades-old practice of requiring sellers to post compensation offers for buyer agents amounted to price-fixing, keeping the 5-6% commission rate artificially high. Jeff Collins, Orange County Register, 26 Mar. 2024 In many cases—such as those relating to price-fixing and other blatantly anticompetitive agreements, or tying requirements of the sort employed by Microsoft with its Internet Explorer browser—these laws are adequate for the task. John Cassidy, The New Yorker, 25 Mar. 2024 Fans take action Jennifer Kinder, a single mother and personal injury attorney from Dallas, Texas, represents more than 350 fellow Taylor Swift fans in separate lawsuits which accuse Ticketmaster and Live Nation of fraud, price-fixing and failing to protect fans from bots. Ash-Har Quraishi, CBS News, 8 Feb. 2024 Federal probes into price-fixing and labor practices in the wider US chicken industry have only added to the sector’s headaches. Gerson Freitas Jr., Fortune, 28 Jan. 2024 The appellate court found the ban was a reasonable measure to protect the public from future price-fixing. Aaron Katersky, ABC News, 23 Jan. 2024 As far back as 1978, the UK House of Commons investigated potential price-fixing within the industry. Laura Kolbe, The New York Review of Books, 18 Jan. 2024 Advertisement In December 2022, Taylor Swift fans filed a lawsuit against Ticketmaster’s parent company, Live Nation Entertainment Inc., for alleged fraud, price-fixing and antitrust law violations while selling advance tickets to Swift’s Eras Tour. Jonah Valdez, Los Angeles Times, 11 Dec. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price-fixing.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1889, in the meaning defined above

Time Traveler
The first known use of price-fixing was in 1889

Dictionary Entries Near price-fixing

Cite this Entry

“Price-fixing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price-fixing. Accessed 26 May. 2024.

Legal Definition

price-fixing

noun
price-fix·​ing
ˈprīs-ˌfik-siŋ
: the usually illegal setting of prices artificially (as by producers) contrary to free market operations see also horizontal price-fixing, vertical price-fixing

More from Merriam-Webster on price-fixing

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