"The price-fixing agreements were practiced over many years," said Andreas Mund of the Federal Cartel Office.
What are the limits to the price-fixing and profit-earning powers of monopolies?
But Hoover did not and does not believe in price-fixing or immediate government control of commerce where they can be avoided.
Indeed, this is admitted by the more reasonable advocates of the regulation and price-fixing policy.
Any usually unlawful practice by which producers of a commodity act together to obtain an artificially high price.