price fixing
Noun
Meaning
control (by agreement among producers or by government) of the price of a commodity in interstate commerce
Source: WordNetAlternative names
price-fixing
Synonyms
Hypernyms
Examples
Also messages about rent, price-fixing in the beef industry, divisive politics in a time of pandemic, and a recent federal court ruling on the Dakota Access Pipeline.
Although some officials in the FBI and the Department of Justice opposed the length of the penalty, Whitacre was sentenced to ten and a half years in Federal prison—three times longer than his price-fixing conspirators.
Erhard abolished the price-fixing and production controls that had been enacted by the military administration.
Diamonds De Beers settled charges of price fixing in the diamond trade in the 2000s.
James B. Lieber In his 2000 book, Rats In The Grain, attorney James B. Lieber focuses on ADM's price-fixing trial and presents Whitacre as an American hero overpowered by ADM's vast political clout.
In the Cold War trade-offs, the cartels and major companies re-emerged, leading to apparent price fixing (another element that was meant to be tackled).