What is Price Fixing?

"Price fixing" is a conspiracy between business competitors to set their prices on products or services at a certain price point. Illegal price fixing can happen in several ways. Businesses can agree to set their prices high so that consumers have no choice. They can also agree to set mark-ups, sales, surcharges, or discounts at the same rate. Learn more about how to recognize price fixing in our legal guide below.

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UPDATED: Jul 16, 2021

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