price-fixing
noun
price-fix·ing ˈprīs-ˌfik-siŋ 
: the setting of prices artificially (as by producers or government) contrary to free market operations
Word History
First Known Use
1889, in the meaning defined above
Legal Definition
price-fixing
noun
price-fix·ing
ˈprīs-ˌfik-siŋ
: the usually illegal setting of prices artificially (as by producers) contrary to free market operations see also horizontal price-fixing, vertical price-fixing