0 an agreement that is usually not legal, in which companies all sell goods at a particular price in order to keep prices high
1 an illegal agreement between two or more companies about what they will charge their customers:
The European Commission is investigating allegations of airline fare price-fixing.
Markets at all levels appear to be reasonably competitive, and there was no evidence of price fixing.
The common law had long prohibited price fixing and monopolization of commodities considered "necessaries of life" and ser vices affected with a public interest.
In spite of the change in official purpose, the policy settings were little changed with a plethora of stabilization, price fixing, import protection, orderly marketing and other schemes in place.
A new set of price-fixing commissions were introduced to establish maximum prices for all items supplied or controlled by the state.
It would be as great a mistake to argue that by the use of their price-fixing powers they can impose prices which are commercially unsound.
The remedy for that state of affairs was the price-fixing arrangement, which prevented people deliberately going into a locality to undersell the private trader.
We are now asked to provide the money for the necessary machinery to do this price-fixing.
We hear a lot about price-fixing being likely to raise the price of coal to the consumer.
