price-fixing

• Sustantivo que designa la práctica de fijar el precio de un bien o servicio mediante acuerdo entre productores o por regulación estatal, frecuentemente en el ámbito del comercio interestatal.

A noun referring to the practice of setting the price of a product or service through agreement among producers or by government regulation, often in interstate commerce.

incontable

1. Illegal price agreementC1formallegal

   An agreement between competing businesses to set prices at a certain level, rather than allowing market forces to determine them, which is often illegal.

   Fijación de precios

   • The companies were fined for engaging in price-fixing.
   • Price-fixing is considered a violation of antitrust laws.
   • The investigation revealed a secret price-fixing scheme among the manufacturers.