price-fixing
- noun
- /praɪsˈfɪksɪŋ/
- Specialized
- Such spokesmen arrogantly tell the public that we have no choice but to suffer either price-fixing or bidding wars.
- price-fixing and customer allocation
- price-fixing and bid
- price-fixing in the market
But I was trying to understand why did they consider it price fixing?
- But I was trying to understand why did they consider it price fixing?
- They're set by a unit inside HHS called CMS and, and, and CMS runs literal Soviet style price fixing boards for medical goods and services.
Examples
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One of the companies I wrote a book for had been indicted on criminal charges of price fixing.
Academic text (2008) -
It involves an international investigation into price fixing.
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Some of its senior executives were sent to jail for price fixing in the 1950s.
Academic text (2017) -
So some markets were organized to ensure high prices for farmers by price fixing or limiting who would participate in that market.
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There is a price-fixing investigation in the cement manufacturing business there.
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The decision also allowed federal prosecutors to pursue nearly 200 of the association's member companies on criminal price-fixing charges.
Academic text (2007) -
Regarding prices, Medicare includes price-fixing; it tells providers what the government is willing to pay per procedure.
Blog text (22) -
Since 1986, significant fines have been imposed, including a two million dollar fine for a price-fixing offense.
Academic text (1995) -
Thus, China had a huge unnatural trade surplus because of a price-fixing action by a centralized authority.
Blog text (19) -
Several companies were fined heavily for engaging in price-fixing to stabilize their profits.
Synonyms
Businesses agree to fix prices and limit production to reduce competition
How Collusive
Surface Forms
Morphology
Etymology
Price-fixing comes from the parts price and fix, and fix means 'to set' or 'make steady'. So price-fixing is when sellers agree to 'set' prices together at a certain level instead of letting competition decide them.