Dictionary
price–fixing
noun price–fix·ing \ˈprīs-ˌfik-siŋ\
: the usually illegal act or practice of agreeing with business competitors to set prices at a particular level instead of allowing prices to be determined by competition
Full Definition of PRICE-FIXING
: the setting of prices artificially (as by producers or government) contrary to free market operations
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First Known Use of PRICE-FIXING
1920
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