vertical price-fixing

Definition of "vertical price-fixing"
  1. A prohibited agreement where entities at various stages of product creation and distribution coordinate to set the cost of commodities
How to use "vertical price-fixing" in a sentence
  1. The manufacturer and the retailer were accused of vertical price-fixing to manipulate the price of the product.
  2. The investigation uncovered a case of vertical price-fixing where both supplier and wholesale distributor collaborated to set high prices.
  3. Antitrust laws prohibit vertical price-fixing as it hampers competition and negatively impacts consumers.

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