| 单词 | price fixing |
| 释义 | price fixingEconomics, Trade ˈprice ˌfixing noun [uncountableU] 1. PEa system in which the government decides the prices of things 价格管制，物价控制 SYN price control 2. BBTan agreement between producers and sellers of a product to set its price at a high level 价格垄断，操纵物价 From Longman Business Dictionary Trade, Economics, Law price-fixingˈprice-ˌfixing noun [uncountableU]1COMMERCELAWwhen companies in an industry agree on the prices they will charge for something. This form of price-fixing is done so that companies avoid competing with each other, and is normally illegal The EU investigated international telephone agreements to see if there was price-fixing in violation of EU competition rules. Japan’s Fair Trade Commission ordered 13 ink makers to break up a price-fixing cartel (=arrangement between a group of companies). 2COMMERCELAWwhen a company tells the shops etc that sell its products how much they must charge for them. This form of price-fixing is sometimes illegalSYN BrE retail price maintenance The UK’s last price-fixing arrangement was retail price maintenance for non-prescription medicines. 3ECONOMICSwhen a government decides the price at which something should be sold government price-fixing for the sale of drugs to the National Health Service |
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