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Price-Fixing

PRICE-FIXING

The organized setting of what the public will be charged for certain products or services agreed to by competitors in the marketplace in violation of thesherman anti-trust act(15 U.S.C.A. § 1 et seq.).

Horizontal price-fixing involves agreements to set prices made among one particular class of sellers—such as producers, wholesalers, or retailers.

Vertical price-fixing occurs between different categories of the sellers of products and services, such as between a manufacturer and wholesaler, wholesaler and distributor, or distributor and retailer.

cross-references

Antitrust Law.

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"Price-Fixing." West's Encyclopedia of American Law. . Encyclopedia.com. 16 Aug. 2017 <http://www.encyclopedia.com>.

"Price-Fixing." West's Encyclopedia of American Law. . Encyclopedia.com. (August 16, 2017). http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/price-fixing

"Price-Fixing." West's Encyclopedia of American Law. . Retrieved August 16, 2017 from Encyclopedia.com: http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/price-fixing

price-fixing

price-fix·ing (also price fix·ing) • n. the maintaining of prices at a certain level by agreement between competing sellers.

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"price-fixing." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. 16 Aug. 2017 <http://www.encyclopedia.com>.

"price-fixing." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. (August 16, 2017). http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/price-fixing

"price-fixing." The Oxford Pocket Dictionary of Current English. . Retrieved August 16, 2017 from Encyclopedia.com: http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/price-fixing