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Glossary > P > "Price Fixing" Definition

Price Fixing

Establishing the price of a product or service, rather than allowing it to be determined naturally through free market forces. This procedure is often an illegal practice.

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Price Fixing - Establishing the price of a product or service, rather than allowing it to be determined naturally through free market forces. This procedure is often an illegal practice.

Price Fixing : establishing the price of a product or service, rather than allowing it to be determined naturally through free market forces. this procedure is often an illegal practice.