The meaning of PRICE-FIXING is the setting of prices artificially (as by producers or government) contrary to free market operations.
Define Pricefixing. Pricefixing synonyms, Pricefixing pronunciation, Pricefixing translation, English dictionary definition of Pricefixing. n. 1. The setting of artificially high prices for goods or services by unlawful agreement of competing companies.
Define price-fixing. price-fixing synonyms, price-fixing pronunciation, price-fixing translation, English dictionary definition of price-fixing. n 1. the setting of prices by agreement among producers and distributors 2. another name for price control, r
The meaning of HORIZONTAL PRICE-FIXING is a generally illegal arrangement among competitors to charge the same price for an item.
Price fixing refers to an agreement between market participants to collectively raise, lower, or stabilize prizes to control supply and demand. The practice
price fixing.A definition of the term "price fixing" is presented. It refers to an often illegal agreement between producers of a good or service in order to maintain prices at a particular level.EBSCO_bspBloomsbury Business Library - Business & Management Dictionary...
For further exploration, consider related topics such as antitrust laws, market competition, and regulatory compliance. More definitions Price control Price discrimination Price effect Price elasticity Price elasticity of demand Sources & references
1price/ˈpraɪs/noun pluralprices Britannica Dictionary definition of PRICE 1 :the amount of money that you pay for something or that something costs [count] oil/gasprices You paid a high/low/reasonablepricefor the car. We bought the house at a goodprice. ...
bid rigging, illegal practice in which businesses conspire to allow one another to secure contracts at raised prices, thereby undermining free-market competition. Bid rigging violates antitrust laws and is closely related to horizontal price-fixing, in that both offenses involve collusion between ...
1price/ˈpraɪs/noun pluralprices Britannica Dictionary definition of PRICE 1 :the amount of money that you pay for something or that something costs [count] oil/gasprices You paid a high/low/reasonablepricefor the car. We bought the house at a goodprice. ...