price fixing
Longman Dictionary of Contemporary English 5++LDOCE 5++ˈprice ˌfixing noun [uncountable] 1. PEa system in which the government decides the prices of things 价格管制，物价控制 SYN price control2. BBTan agreement between producers and sellers of a product to set its price at a high level 价格垄断，操纵物价From Longman Business Dictionaryprice-fixingˈprice-ˌfixing noun [uncountable]1COMMERCELAWwhen companies in an industry agree on the prices they will charge for something. This form of price-fixing is done so that companies avoid competing with each other, and is normally illegalThe EU investigated international telephone agreements to see if there was price-fixing in violation of EU competition rules.Japan’s Fair Trade Commission ordered 13 ink makers to break up a price-fixing cartel (=arrangement between a group of companies).2COMMERCELAWwhen a company tells the shops etc that sell its products how much they must charge for them. This form of price-fixing is sometimes illegalSYN BrE retail price maintenanceThe UK’s last price-fixing arrangement was retail price maintenance for non-prescription medicines.3ECONOMICSwhen a government decides the price at which something should be soldgovernment price-fixing for the sale of drugs to the National Health Service
ˈprice ˌfixing nounChineseSyllable
the prices which decides a government in Business system of the
price fixing
ˈprice ˌfixing
noun [uncountable]
1. a system in which the government decides the prices of things
SYN price control
2. an agreement between producers and sellers of a product to set its price at a high level
ˈprice ˌfixing
noun [uncountable]1. a system in which the government decides the prices of things
SYN price control
2. an agreement between producers and sellers of a product to set its price at a high level