price fixing

uncountable

(law) In antitrust law, collusion between competitors in order to raise prices, at the expense of the consumer.

Japanese Meaning

反トラスト法における概念で、競争企業同士が消費者の損失を顧みずに、互いに結託して価格を引き上げる行為。

The investigation revealed that the companies had engaged in price fixing to eliminate competition and inflate prices.

捜査により、当該企業が競合他社と結託して価格を引き上げる価格カルテルに関与し、競争を排除して消費者に負担を強いていたことが判明した。

Sense（1）

(law) In antitrust law, collusion between competitors in order to raise prices, at the expense of the consumer.