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

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 7 Feb. 2023.

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

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