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price fixing
Pronunciation
/pɹˈaɪs fˈɪksɪŋ/
price-fixing

Definition & Meaning of "price fixing"in English

Price fixing
01

an agreement between business rivals to not sell products at a lower price

Grammatical Information
Animacy status
Abstract
Composition
Compound
Uncountable
Examples
The company was fined millions of dollars for engaging in price fixing with its competitors, violating antitrust laws.
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Nearby Words
price cut
price
priam
prey on
prey
price out of the market
price tag
priceless
pricey
prick
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