- Price-Fixing Agreements
- Arrangements between enterprises which are banned by EC competition policy.
Glossary of the European Union and European Communities . 2014.
Price-Fixing Agreements
Look at other dictionaries:
Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… … Wikipedia
price fixing — n. Conspiring with other individuals or companies in the same business to set prices instead of letting them be set by market forces, usually to restrict competition. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc … Law dictionary
price-fixing — ˈprice ˌfixing noun [uncountable] 1. COMMERCE LAW when 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 illegal: •… … Financial and business terms
Lysine price-fixing conspiracy — The lysine price fixing conspiracy was an organized effort during the mid 1990s to raise the price of the animal feed additive lysine. It involved several agricultural companies including Archer Daniels Midland (ADM), Ajinomoto, Kyowa Hakko Kogyo … Wikipedia
horizontal price-fixing — Agreements between producers, wholesalers, or retailers as to sale or resale prices. Price fixing among businesses on the same level the effect of which is to eliminate competition based on price. Such agreements are prohibited by federal and… … Black's law dictionary
horizontal price-fixing — Agreements between producers, wholesalers, or retailers as to sale or resale prices. Price fixing among businesses on the same level the effect of which is to eliminate competition based on price. Such agreements are prohibited by federal and… … Black's law dictionary
price — The cost at which something is obtained. Something which one ordinarily accepts voluntarily in exchange for something else. The consideration given for the purchase of a thing. Amount which a prospective seller indicates as the sum for which he… … Black's law dictionary
Resale price maintenance — (RPM) is the practice whereby a manufacturer and its distributors agree that the latter will sell the former s product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a… … Wikipedia
resale price maintenance — An agreement between a manufacturer and retailer that the latter should not resell below a specified minimum price. Such schemes operate to prevent price competition between the various dealers handling a given manufacturer s product with the… … Black's law dictionary
Rule of reason — The rule of reason is a doctrine developed by the United States Supreme Court in its interpretation of the Sherman Antitrust Act. The rule, stated and applied in the case of Standard Oil Co. of New Jersey v. United States , 221 U.S. 1 (1911), is… … Wikipedia
