price-fixing

noun

price-fix·​ing ˈprīs-ˌfik-siŋ How to pronounce price-fixing (audio)
: the setting of prices artificially (as by producers or government) contrary to free market operations

Examples of price-fixing in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In March, South Korean President Lee Jae Myung warned on X that oil refiners and corporations engaged in price-fixing would be held accountable, vowing to deploy all lawful measures against unethical business practices. Jenny Lee, CNBC, 6 July 2026 Legislators last year updated the law to clarify that even if businesses don’t communicate directly but use algorithmic pricing software that leads to them charging a common rate, that could still be considered price-fixing. Audrey McGlinchy, Los Angeles Times, 1 July 2026 However, Bonta argued that the examples surfaced in the lawsuit are substantial evidence of explicit price-fixing. Ashley Belanger, ArsTechnica, 21 Apr. 2026 The National Recovery Administration made agreements with industries about work hours, pay rates and price-fixing, creating more than 500 codes of fair practice for many industries. Mikayla Bunnell, Hartford Courant, 3 Feb. 2026 The companies denied wrongdoing and paid tens of millions of dollars to settle lawsuits alleging price-fixing. Tribune News Service, San Diego Union-Tribune, 19 Nov. 2025 Households and sole-proprietor businesses like farmers see price-fixing and similar collusion all around them. Edward Lotterman, Twin Cities, 16 Nov. 2025 That means when there is a cap on how long a college athlete can play, develop skills and earn money, that cap could be construed as price-fixing. Michael McCann, Sportico.com, 24 Oct. 2025

Word History

First Known Use

1889, in the meaning defined above

Time Traveler
The first known use of price-fixing was in 1889

Browse Nearby Words

Cite this Entry

“Price-fixing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price-fixing. Accessed 6 Jul. 2026.

Legal Definition

price-fixing

noun
price-fix·​ing
ˈprīs-ˌfik-siŋ
: the usually illegal setting of prices artificially (as by producers) contrary to free market operations see also horizontal price-fixing, vertical price-fixing

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