price-fixing

(redirected from price fixing)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Wikipedia.

price-fixing

the setting of prices by agreement among producers and distributors
References in periodicals archive ?
Perhaps the most direct way to reward faithless agents would be to pay them to expose price fixing.
The price fixing is said to have cost the farming industry and the consumer around pounds 270m.
The FTC found that the PPA in effect renders NTSP as the sole bargaining agent of the competing physicians, and thus facilitates price fixing among competitor physicians.
The danger has been highlighted by the ruling of a UK judge that the US authorities can seek extradition of a UK citizen to the US on the basis that price fixing is equivalent to fraud.
The suits, which also charged Shaw Industries and Mohawk Industries, were originally filed in 1995, alleging price fixing of carpet.
District Court in Chicago that the companies engaged in price fixing since at least 1979 until 1998.
Businesses are specifically prohibited from engaging in activities that unduly restrain others from competing freely - boycotts, tying agreements and price fixing, for example.
Redled filed an antitrust suit alleging price fixing by its five largest customers, which it said conspired to fix and hold down the prices they were paying Redled for lead ingot.
Vertical price fixing occurs when a wholesaler and retailer collude to set prices.
The Full Court found that price fixing conduct engaged in by PT Garuda Indonesia Ltd (Garuda) and Air New Zealand Ltd (Air NZ) relating to the imposition of agreed surcharges on the carriage of air cargo from ports outside Australia to destinations within Australia took place in a market in Australia, and consequently breached Australias price fixing laws.