Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… … Wikipedia
fixed-price agreement — /fɪkst praɪs əˌgri:mənt/ noun an agreement where a company provides a service or a product at a price which stays the same for the whole period of the agreement … Marketing dictionary in english
fixed-price agreement — /fɪkst praɪs əˌgri:mənt/ noun an agreement where a company provides a service or a product at a price which stays the same for the whole period of the agreement … Dictionary of banking and finance
agreement — a‧gree‧ment [əˈgriːmənt] noun [countable] 1. an arrangement or promise to do something, made by two or more people or organizations: • Under the agreement, the company will distribute our products in North America. • What happens if the warring… … Financial and business terms
price — I noun amount, appraisal, appraisement, charge, compensation, cost, disbursement, due, estimate, estimation, exaction, exchange value, expenditure, expense, fare, fee, figure, outlay, payment, premium, pretium, purchase money, quotation, rate,… … Law dictionary
Price Daniel — as a United States Senator. Associate Justice, Texas Supreme Court In office January 1971 – December 1978 Nationa … Wikipedia
price fixing — n. Conspiring with other individuals or companies in the same business to set prices instead of letting them be set by market forces, usually to restrict competition. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc … Law dictionary
price-fixing — ˈprice ˌfixing noun [uncountable] 1. COMMERCE LAW when 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: •… … Financial and business terms
price terms — ➔ term1 * * * price terms UK US noun [plural] ► COMMERCE in a sales agreement or contract, a statement of the agreed price, often including the way it has been calculated: »Company lawyers were trying to find ways around contracts whose price… … Financial and business terms
price-fixing — price ,fixing noun uncount 1. ) an agreement between companies to charge the same price for a particular product, in order to keep the price high: Two leading airlines have been accused of price fixing. 2. ) PRICE CONTROL … Usage of the words and phrases in modern English
price´-fix´ing — price fixing, 1. the control of prices by a governmental agency. 2. an illegal agreement among several manufacturers to set a noncompetitive price on a product which they all make: »It was the first large scale criminal price fixing case against… … Useful english dictionary