views updated Jun 27 2018


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.


Antitrust Law.


views updated May 14 2018

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