Simple Definition of price-fixing

from our Learner's Dictionary

price-fixing

noun

: 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

Cite this Entry

“Price-fixing.” Merriam-Webster.com Simple Definition, Merriam-Webster, https://www.merriam-webster.com/simple/price-fixing. Accessed 24 Jun. 2026.

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