Definition of price-fixing in English:

price-fixing

nounˈprʌɪsfɪksɪŋˈpraɪs ˌfɪksɪŋ

mass noun

A practice whereby rival companies come to an illicit agreement not to sell goods or services below a certain price.
Example sentencesExamples
- A company spokesman says the quotes were taken out of context and the business is so competitive that price-fixing makes no sense.
- Restrictive practices such as price-fixing agreements between competitors were often permitted providing they were not shown to be against the public interest.
- A new law is expected to make price-fixing by big business cartels a criminal offence, meaning bosses could - in theory - receive a prison sentence.
- The most serious forms of cartel identified by the authority were price-fixing, bid rigging and market sharing by competitors.
- The cost of price-fixing is not really borne by the large corporate customer, but by all of society.

Definition of price-fixing in US English:

price-fixing

(also price fixing)

nounˈprīs ˌfiksiNGˈpraɪs ˌfɪksɪŋ

The maintaining of prices at a certain level by agreement between competing sellers.
Example sentencesExamples
- The cost of price-fixing is not really borne by the large corporate customer, but by all of society.
- A company spokesman says the quotes were taken out of context and the business is so competitive that price-fixing makes no sense.
- A new law is expected to make price-fixing by big business cartels a criminal offence, meaning bosses could - in theory - receive a prison sentence.
- Restrictive practices such as price-fixing agreements between competitors were often permitted providing they were not shown to be against the public interest.
- The most serious forms of cartel identified by the authority were price-fixing, bid rigging and market sharing by competitors.

单词	price-fixing
释义	Definition of price-fixing in English: price-fixing nounˈprʌɪsfɪksɪŋˈpraɪs ˌfɪksɪŋ mass noun A practice whereby rival companies come to an illicit agreement not to sell goods or services below a certain price. Example sentencesExamples A company spokesman says the quotes were taken out of context and the business is so competitive that price-fixing makes no sense. Restrictive practices such as price-fixing agreements between competitors were often permitted providing they were not shown to be against the public interest. A new law is expected to make price-fixing by big business cartels a criminal offence, meaning bosses could - in theory - receive a prison sentence. The most serious forms of cartel identified by the authority were price-fixing, bid rigging and market sharing by competitors. The cost of price-fixing is not really borne by the large corporate customer, but by all of society. Definition of price-fixing in US English: price-fixing (also price fixing) nounˈprīs ˌfiksiNGˈpraɪs ˌfɪksɪŋ The maintaining of prices at a certain level by agreement between competing sellers. Example sentencesExamples The cost of price-fixing is not really borne by the large corporate customer, but by all of society. A company spokesman says the quotes were taken out of context and the business is so competitive that price-fixing makes no sense. A new law is expected to make price-fixing by big business cartels a criminal offence, meaning bosses could - in theory - receive a prison sentence. Restrictive practices such as price-fixing agreements between competitors were often permitted providing they were not shown to be against the public interest. The most serious forms of cartel identified by the authority were price-fixing, bid rigging and market sharing by competitors.
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