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."