Concept information
Preferred term
price fixing
Definition(s)
- 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]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-M6GMXCMB-X
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}