˜yÐÄvlog

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View synonyms for

price fixing

or ±è°ù¾±³¦±ð-´Ú¾±³æi²Ô²µ

noun

  1. the establishing of prices at a determined level, either by a government or by mutual consent among producers or sellers of a commodity.


price-fixing

noun

  1. the setting of prices by agreement among producers and distributors
“Collins English Dictionary — Complete & Unabridged†2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

price fixing

  1. Any usually unlawful practice by which producers of a commodity act together to obtain an artificially high price.
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˜yÐÄvlog History and Origins

Origin of price fixing1

First recorded in 1945–50
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Example Sentences

Examples have not been reviewed.

One of the ideas floated by Kirk and other activists has been to partner with private attorneys to sue landlords and bring injunctions against real estate marketplaces like Zillow and Airbnb, which have been accused of turning a blind eye to illegal price fixing on their website.

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The company is "alleging a price fixing scheme for beef specifically" and has filed a federal complaint in New York that "accused the companies of anticompetitive measures such as collectively limiting supply to boost prices and charge 'illegally inflated amounts,'" according to the publication.

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Recent revelations about a data analytics firm’s role in determining medical payments have heightened concerns about possible price fixing in health care and led to a call for a federal investigation.

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In interviews, Ms. Klobuchar, a Democrat from Minnesota, and experts in antitrust law said this arrangement could amount to price fixing: Rather than competing to offer better coverage, insurers could use the low prices recommended by MultiPlan’s algorithms, knowing their competitors would likely do the same.

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Price fixing removes competition from the market and generally makes goods and services more expensive.

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