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price fixing

or price-fixing

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 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for price-fixing
Contemporary Examples
Historical Examples
  • 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?

  • But Hoover did not and does not believe in price-fixing or immediate government control of commerce where they can be avoided.

    Herbert Hoover Vernon Kellogg
British Dictionary definitions for price-fixing


the setting of prices by agreement among producers and distributors
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
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price-fixing in Culture

price fixing definition

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 Company.
Published by Houghton Mifflin Company. All rights reserved.
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