fixing a price
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Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… … Wikipedia
price fixing — n. Conspiring with other individuals or companies in the same business to set prices instead of letting them be set by market forces, usually to restrict competition. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc … Law dictionary
price–fixing — price–fix·ing / prīs ˌfik siŋ/ n: the usu. illegal setting of prices artificially (as by producers) contrary to free market operations see also horizontal price fixing, vertical price fixing Merriam Webster’s Dictionary of Law. Merriam Webster.… … Law dictionary
-fixing — suffix ► dishonest activity to make certain that a competition, race, or election is won by a particular person, organization, etc.: game fixing/grade fixing/match fixing »The board will continue its investigation with a view to determining… … Financial and business terms
price-fixing — price ,fixing noun uncount 1. ) an agreement between companies to charge the same price for a particular product, in order to keep the price high: Two leading airlines have been accused of price fixing. 2. ) PRICE CONTROL … Usage of the words and phrases in modern English
price — I noun amount, appraisal, appraisement, charge, compensation, cost, disbursement, due, estimate, estimation, exaction, exchange value, expenditure, expense, fare, fee, figure, outlay, payment, premium, pretium, purchase money, quotation, rate,… … Law dictionary
price — The cost at which something is obtained. Something which one ordinarily accepts voluntarily in exchange for something else. The consideration given for the purchase of a thing. Amount which a prospective seller indicates as the sum for which he… … Black's law dictionary
Fixing — The practice of arbitrarily setting the price of a good or commodity. Fixing represents a refusal to allow the forces of a free market to determine the price of the good. It can be either legal or illegal depending upon who mandates the fix, such … Investment dictionary
price-fixing — UK / US noun [uncountable] business 1) an agreement between companies to charge the same price for a particular product, in order to keep the price high Two leading airlines have been accused of price fixing. 2) price control … English dictionary
Price book — In economics, a price book is a book in which the normal prices of an item are listed for all suppliers. This allows one to determine the lowest price possible.If a group of suppliers adhere to a particular price book, in other words, they set… … Wikipedia
