Price Fixing
/ˈpraɪs ˈfɪksɪŋ/
Definitions
- (n.) An agreement between competitors to set prices at a certain level, violating antitrust laws.
The company was charged with price fixing for conspiring to raise the cost of products.
Related terms
See also
Commentary
Price fixing is a per se illegal practice under antitrust law, meaning it is automatically considered unlawful, requiring no further inquiry into its impact on the market.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.