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单词 price-fixing
释义

price-fixing

/ˈprʌisfɪksɪŋ /
noun [mass noun]
A practice whereby rival companies come to an illicit agreement not to sell goods or services below a certain price.Restrictive practices such as price-fixing agreements between competitors were often permitted providing they were not shown to be against the public interest....
  • A company spokesman says the quotes were taken out of context and the business is so competitive that price-fixing makes no sense.
  • The most serious forms of cartel identified by the authority were price-fixing, bid rigging and market sharing by competitors.
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更新时间:2024/9/20 6:36:22