price-fixing

price fix·ing also price-fix·ing (prsfksng)

n.

1. The setting of commodity prices artificially by a government.

2. The result of an unlawful agreement between manufacturers or dealers to set and maintain specified prices on typically competing products.

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price-fixing

Noun

the setting of prices by agreement among producers and distributors

Thesaurus

Noun

1.

price-fixing - control (by agreement among producers or by government) of the price of a commodity in interstate commerce control - the activity of managing or exerting control over something; "the control of the mob by the police was admirable" governing, government activity, government, governance, administration - the act of governing; exercising authority; "regulations for the governing of state prisons"; "he had considerable experience of government"