Advertisement - Continue reading below

Definition of "price-fixing" [price-fixing]

  • Control (by agreement among producers or by government) of the price of a commodity in interstate commerce (noun)

WordNet. Princeton University. 2010.

Use "price-fixing" in a sentence
  • "The move was copied soon afterward by competitors Vodafone PLC and Deutsche Telekom AG's T-Mobile, triggering a probe by the Dutch cartel office for suspected price-fixing, which is ongoing."
  • "We added a consumer protection unit to the office, and then, after investigating price-fixing by a company that sold gymnasium bleachers to school districts, we created an antitrust unit."
  • "However, they also have problems unique to the Afghan business environment: local governments engage in price-fixing despite constitutional prohibitions, good land is difficult to come by due to corruption and squatting, and women entrepreneurs require access to business parks in this segregated society."