price fixing

the establishing of prices at a determined level, either by a government or by mutual consent among producers or sellers of a commodity.

Origin of price fixing

First recorded in 1945–50

"The price-fixing agreements were practiced over many years," said Andreas Mund of the Federal Cartel Office.

Germany’s Sausage Cartel is the Wurst |Nico Hines |July 17, 2014 |DAILY BEAST
What are the limits to the price-fixing and profit-earning powers of monopolies?

Manual of References and Exercises in Economics |Frank A. Fetter
Indeed, this is admitted by the more reasonable advocates of the regulation and price-fixing policy.

Distributive Justice |John A. (John Augustine) Ryan
But Hoover did not and does not believe in price-fixing or immediate government control of commerce where they can be avoided.

Herbert Hoover |Vernon Kellogg

price-fixing

the setting of prices by agreement among producers and distributors

price fixing

Any usually unlawful practice by which producers of a commodity act together to obtain an artificially high price.