NOUN
- control (by agreement among producers or by government) of the price of a commodity in interstate commerce
How To Use price-fixing In A Sentence
- And furthermore, every insurance company in the country does the same thing, which in my language we call racketeering and price-fixing. Archive 2007-01-01
- The Beverage Council of Ireland this weekend strenuously denied that the organisation had been involved in illegal price-fixing in the wholesale drinks market.
- The cost of price-fixing is not really borne by the large corporate customer, but by all of society.
- Nevertheless, in the wake of fines and legal fees related to the price-fixing probe, Christie's is proceeding with a number of serious belt-tightening measures.
- When consumers hear the term monopoly, the first thing that comes to mind is often price-fixing and other illegal business practices. The Next 7 American Monopolies
- The enforcement of price-fixing intensified as a result of granting leniency to companies that blew the whistle on their competitors. Times, Sunday Times
- Restrictive practices such as price-fixing agreements between competitors were often permitted providing they were not shown to be against the public interest.
- What they came up with, according to federal prosecutors, was a massive price-fixing scheme among airlines that artificially inflated passenger and cargo fuel surcharges between 2000 and 2006 to make up for lost profits. Airline Price Fixing Fines: Prosecutors Target 21 Companies Over Passenger, Cargo Fees
- As a general matter, there is an international consensus about the economic evils of price-fixing cartels as unjustifiable restraints of competition.
- The absence of penalties for anti-competitive behaviour means that firms have every incentive to engage in price-fixing.
