price fixing

WordReference Random House Unabridged Dictionary of American English © 2025

price′ fix′ing, 

1. the establishing of prices at a determined level, either by a government or by mutual consent among producers or sellers of a commodity.

Also, price′-fix′ing. 

• 1945–50

Collins Concise English Dictionary © HarperCollins Publishers::

price-fixing noun

1. the setting of prices by agreement among producers and distributors
2. another name for price control, resale price maintenance