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

Examples of price-fixing in a Sentence

Recent Examples on the Web But the government contractor was recently accused of price-fixing on Department of Defense contracts. Danielle Chemtob, Forbes, 15 Oct. 2024 The case comes after an unrelated class action targeting many of the same schools over allegations of financial aid price-fixing yielded a $284 million settlement this year. Zachary Schermele, USA TODAY, 10 Oct. 2024 Plaintiffs in the case argued that the league was engaging in price-fixing because fans of a single team were not able to buy just that team’s games. Ted Johnson, Deadline, 1 Aug. 2024 The company has faced allegations of price-fixing elsewhere. Salvador Hernandez, Los Angeles Times, 1 Aug. 2024 Listen to this article In May, the FBI executed a search warrant at the Atlanta offices of a major property management company as part of a two-year-old investigation into allegations of collusion and price-fixing among the owners of apartment buildings in several states. Dan Rodricks, Baltimore Sun, 5 July 2024 In a letter Thursday to Attorney General Merrick Garland and other officials, the Democrats said a recent Federal Trade Commission investigation into a high-profile merger uncovered evidence of price-fixing by oil executives that led to higher energy costs for American families and businesses. Matthew Daly, Fortune, 30 May 2024 Khan also hinted at what tech regulations may be coming down the pike, noting that the FTC and Justice Department are scrutinizing how companies potentially use algorithms for price-fixing. Cnn.com Wire Service, The Mercury News, 2 Apr. 2024 Homeowners and their attorneys argued in federal lawsuits across the nation that the decades-old practice of requiring sellers to post compensation offers for buyer agents amounted to price-fixing, keeping the 5-6% commission rate artificially high. Jeff Collins, Orange County Register, 26 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price-fixing.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1889, in the meaning defined above

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

Dictionary Entries Near price-fixing

Cite this Entry

“Price-fixing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price-fixing. Accessed 31 Oct. 2024.

Legal Definition

price-fixing

noun
price-fix·​ing
ˈprīs-ˌfik-siŋ
: the usually illegal setting of prices artificially (as by producers) contrary to free market operations see also horizontal price-fixing, vertical price-fixing

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