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price fixing

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
price fixing
Physician practice The illegal practice by a group of health care providers of establishing a standard price for procedures, thus creating a monopoly on a particular market segment


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5 billion yen in penalties for the alleged price fixing practice.
7 million US) from airlines over price fixing in the cargo market.
It named the other companies that had pleaded or agreed to plead guilty to price fixing so far as British Airways, Korean Airlines, Qantas Airways, Japan Airlines, Martinair Holland, Cathay Pacific Airways, SAS Cargo, Societe Air France, KLM, LAN Cargo, Aerolinhas Brasileiras, and EL AL Israel Airlines.
 
 
 
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