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price-fixing

1 ENTRIES FOUND:
price-fixing /ˈpraɪsˌfɪksɪŋ/ noun
price-fixing
/ˈpraɪsˌfɪksɪŋ/
noun
Learner's definition of PRICE-FIXING
[noncount]
: the usually illegal act or practice of agreeing with business competitors to set prices at a particular level instead of allowing prices to be determined by competition价格垄断;操纵物价

price-fixing

noun

price-fix·​ing ˈprīs-ˌfik-siŋ How to pronounce price-fixing (audio)
: the setting of prices artificially (as by producers or government) contrary to free market operations

Word History

First Known Use

1889, in the meaning defined above

Time Traveler
The first known use of price-fixing was in 1889

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