price-fixing
/ˈpraɪs fɪksɪŋ/noun
उच्चारण प्राइस फ़िक्सिंग
मूल्य-निर्धारण की साठगाँठ (कंपनियों द्वारा)
Advanced word
noun
- 1
[U]
the practice of companies secretly agreeing to charge the same high price for a product, so that there is no real competition
मूल्य-निर्धारण की साठगाँठ (कंपनियों द्वारा)
- The cement companies were fined for price-fixing.
- Price-fixing is illegal under competition law.