Price Fixing - agreement or collusion between competitors to maintain certain fixed price levels to avoid competition.
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vertical price fixing
agreement between producers and retailers to maintain the producers' recommended retail price, vertical price fixing is resale price maintenance, a practice illegal in many jurisdictions, ...
Vertical Price Fixing Occurs when manufacturers or wholesalers are able to control the retail prices of their goods and services.
price ceilings (how high price may be set) while in other industries there may be price floors (how low price may be set). Additional areas of potential regulation include: deceptive pricing, price discrimination, predatory pricing and price fixing.
 See also: Price, Strategy, Product, Customer, Demand
  
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