price-fixing
UKUS
Definitions
n.
The illegal practice of competitors agreeing to set prices together
价格操控;合谋定价
Root Breakdown
Native Englishprice + fixing = secretly agreeing to fix (set) prices instead of competing. An antitrust/legal term.
Root pric still carries 56 more wordsCommon Collocations
- 1.price-fixing scheme价格操控阴谋
- 2.illegal price-fixing非法价格操控
Example Sentences
- 1.
The firms were fined heavily for price-fixing.