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price fixing agreement

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Term: 
price fixing agreement
Domain: 
Finance
Definition: 
A Price fixing agreement is an agreement between sellers to raise or fix prices in order to restrict inter-firm competition and earn higher profits. Price fixing agreements are formed by firms in an attempt to collectively behave as a monopoly.
Source: 
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993
المصطلح: 
اتفاق تثبيت الأسعار
المجال الأحصائي: 
التمويل
التعريف: 
وهو الاتفاق بين البائعين لرفع الأسعار أو تحديدها بغية الحد من التنافس بين الشركات وكسب الأرباح المرتفعة. تتم اتفاقات تثبيت الأسعار بين الشركات بغية التصرف باحتكار بشكل جماعي.
المصدر: 
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993 (translated).