price-fixing

noun

price-fix·​ing ˈprīs-ˌfik-siŋ 

: 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

In March, South Korean President Lee Jae Myung warned on X that oil refiners and corporations engaged in price-fixing would be held accountable, vowing to deploy all lawful measures against unethical business practices. — Jenny Lee, CNBC, 6 July 2026

Legislators last year updated the law to clarify that even if businesses don’t communicate directly but use algorithmic pricing software that leads to them charging a common rate, that could still be considered price-fixing. — Audrey McGlinchy, Los Angeles Times, 1 July 2026

However, Bonta argued that the examples surfaced in the lawsuit are substantial evidence of explicit price-fixing. — Ashley Belanger, ArsTechnica, 21 Apr. 2026

The National Recovery Administration made agreements with industries about work hours, pay rates and price-fixing, creating more than 500 codes of fair practice for many industries. — Mikayla Bunnell, Hartford Courant, 3 Feb. 2026

Word History

First Known Use

1889, in the meaning defined above

Rhymes for price-fixing

• intermixing
• affixing
• fixing
• mixing

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