Definition of "price-fixing"
  1. An illegitimate action conducted by multiple competing firms where they agree to stabilize their product prices, hampering genuine competition and depriving the public of the advantage of price competition
How to use "price-fixing" in a sentence
  1. The investigation uncovered a price-fixing scheme among local grocery stores.
  2. The companies were fined heavily for engaging in price-fixing.
  3. Price-fixing artificially inflated the costs, negatively impacting consumers.

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