Concept information
Término preferido
price fixing
Definición
- PRICE FIXING REFERS to any usually unlawful practice in which competing corporations join together and agree to set or maintain an artificially high price, for commodities or services, to maximize profits. It may take place at either the wholesale or retail level and, although it need not involve every competitor in a particular market, it usually involves most of the competitors. [Source: Encyclopedia of White-Collar & Corporate Crime; Price Fixing]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-M6GMXCMB-X
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