price-fix·ing
| \ ˈprīs-ˌfik-siŋ
\
\
Definition of price-fixing
: the setting of prices artificially (as by producers or government) contrary to free market operations
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“Price-fixing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price-fixing. Accessed 28 Sep. 2021.
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More Definitions for price-fixing
price-fixing
noun
English Language Learners Definition of price-fixing
: 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
See the full definition for price-fixing in the English Language Learners Dictionary
price-fixing
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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Time Traveler for price-fixing
The first known use of price-fixing was in 1889
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