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- Price_fixing abstract "Price fixing is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.The intent of price fixing may be to push the price of a product as high as possible, leading to profits for all sellers but may also have the goal to fix, peg, discount, or stabilize prices. The defining characteristic of price fixing is any agreement regarding price, whether expressed or implied.Price fixing requires a conspiracy between sellers or buyers. The purpose is to coordinate pricing for mutual benefit of the traders. For example, manufacturers and retailers may conspire to sell at a common "retail" price; set a common minimum sales price, where sellers agree not to discount the sales price below the agreed-to minimum price; buy the product from a supplier at a specified maximum price; adhere to a price book or list price; engage in cooperative price advertising; standardize financial credit terms offered to purchasers; use uniform trade-in allowances; limit discounts; discontinue a free service or fix the price of one component of an overall service; adhere uniformly to previously-announced prices and terms of sale; establish uniform costs and markups; impose mandatory surcharges; purposefully reduce output or sales in order to charge higher prices; or purposefully share or pool markets, territories, or customers.Price fixing is permitted in some markets but not others; where allowed, it is often known as resale price maintenance or retail price maintenance.In neo-classical economics, price fixing is inefficient. The anti-competitive agreement by producers to fix prices above the market price transfers some of the consumer surplus to those producers and also results in a deadweight loss.".
- Price_fixing thumbnail Earle,_Does_Price_Fixing_Destroy_Liberty,_1920,_i.jpg?width=300.
- Price_fixing wikiPageExternalLink 02_0930b.pdf.
- Price_fixing wikiPageExternalLink antitrustlaw.html.
- Price_fixing wikiPageExternalLink fixing.
- Price_fixing wikiPageExternalLink layer?topicId=1074014670.
- Price_fixing wikiPageExternalLink guilty-pleas-show-high-cost-of-price-fixing-in-auto-industry.
- Price_fixing wikiPageExternalLink afx2592193.html.
- Price_fixing wikiPageExternalLink confbd4.htm.
- Price_fixing wikiPageExternalLink 1234000990068106.
- Price_fixing wikiPageExternalLink antitrust.html.
- Price_fixing wikiPageExternalLink 040803M.html.
- Price_fixing wikiPageExternalLink 206631.htm.
- Price_fixing wikiPageExternalLink 05_at_540.html.
- Price_fixing wikiPageExternalLink ant00007.htm.
- Price_fixing wikiPageID "92026".
- Price_fixing wikiPageRevisionID "591719300".
- Price_fixing hasPhotoCollection Price_fixing.
- Price_fixing subject Category:Anti-competitive_behaviour.
- Price_fixing subject Category:Commercial_crimes.
- Price_fixing subject Category:Pricing.
- Price_fixing type Abstraction100002137.
- Price_fixing type Act100030358.
- Price_fixing type Activity100407535.
- Price_fixing type CommercialCrimes.
- Price_fixing type Crime100766234.
- Price_fixing type Event100029378.
- Price_fixing type PsychologicalFeature100023100.
- Price_fixing type Transgression100745005.
- Price_fixing type Wrongdoing100732746.
- Price_fixing type YagoPermanentlyLocatedEntity.
- Price_fixing comment "Price fixing is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.The intent of price fixing may be to push the price of a product as high as possible, leading to profits for all sellers but may also have the goal to fix, peg, discount, or stabilize prices.".
- Price_fixing label "Price fixing".
- Price_fixing sameAs m.0mxd7.
- Price_fixing sameAs Q17076136.
- Price_fixing sameAs Q17076136.
- Price_fixing sameAs Price_fixing.
- Price_fixing wasDerivedFrom Price_fixing?oldid=591719300.
- Price_fixing depiction Earle,_Does_Price_Fixing_Destroy_Liberty,_1920,_i.jpg.
- Price_fixing isPrimaryTopicOf Price_fixing.
