Price fixing: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages.) |
imported>Doug Williamson (Create page. Sources: linked pages.) |
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Price fixing is an agreement or collusion to manipulate a market for the advantage of those participating in the agreement, usually harming other market participants. | Price fixing is an agreement or collusion to manipulate a market for the advantage of those participating in the agreement, usually harming other market participants. | ||
This is illegal in almost all jurisdictions and markets. | This is illegal in almost all jurisdictions and markets. | ||
2. | |||
The term may also be used for the calculation and publication of a market reference price by a legitimate authority. | |||
Revision as of 20:37, 27 August 2019
1.
Price fixing is an agreement or collusion to manipulate a market for the advantage of those participating in the agreement, usually harming other market participants.
This is illegal in almost all jurisdictions and markets.
2.
The term may also be used for the calculation and publication of a market reference price by a legitimate authority.
