vertical price-fixing

noun

: an illegal arrangement in which parties at different levels of a system of production and distribution act to fix the market price of goods
especially : resale price maintenance compare horizontal price-fixing

Note: Vertical price-fixing is a per se violation of antitrust laws.

Dictionary Entries Near vertical price-fixing

Cite this Entry

“Vertical price-fixing.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/vertical%20price-fixing. Accessed 23 Nov. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!