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Price-Fixing
PRICE-FIXINGThe 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 |
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"Price-Fixing." West's Encyclopedia of American Law. 2005. Encyclopedia.com. 1 Jun. 2012 <http://www.encyclopedia.com>. "Price-Fixing." West's Encyclopedia of American Law. 2005. Encyclopedia.com. (June 1, 2012). http://www.encyclopedia.com/doc/1G2-3437703477.html "Price-Fixing." West's Encyclopedia of American Law. 2005. Retrieved June 01, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1G2-3437703477.html |
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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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Cite this article
"price-fixing." The Oxford Pocket Dictionary of Current English. 2009. Encyclopedia.com. 1 Jun. 2012 <http://www.encyclopedia.com>. "price-fixing." The Oxford Pocket Dictionary of Current English. 2009. Encyclopedia.com. (June 1, 2012). http://www.encyclopedia.com/doc/1O999-pricefixing.html "price-fixing." The Oxford Pocket Dictionary of Current English. 2009. Retrieved June 01, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O999-pricefixing.html |
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