price-fixing agreement
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 273 U.S. 392 - United States v. Trenton Potteries Co. · 1927Most cited · 1,271 citing opinions
The aim and result of every price-fixing agreement, if effective, is the elimination of one form of competition. The power to fix prices, whether reasonably exercised or not, involves power to control the market and to fix arbitrary and unreasonable prices.