- the establishing of prices at a determined level, either by a government or by mutual consent among producers or sellers of a commodity.
Origin of price fixing
First recorded in 1945–50
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for price-fixing
"The price-fixing agreements were practiced over many years," said Andreas Mund of the Federal Cartel Office.Germany’s Sausage Cartel is the Wurst
July 17, 2014
Indeed, this is admitted by the more reasonable advocates of the regulation and price-fixing policy.Distributive Justice
John A. (John Augustine) Ryan
What are the limits to the price-fixing and profit-earning powers of monopolies?Manual of References and Exercises in Economics
Frank A. Fetter
But Hoover did not and does not believe in price-fixing or immediate government control of commerce where they can be avoided.Herbert Hoover
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Any usually unlawful practice by which producers of a commodity act together to obtain an artificially high price.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.