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What is price fixing?

What is price fixing? Here are some definitions.

Noun
  1. (law): In antitrust law, collusion between competitors in order to raise prices, at the expense of competitive pricing.
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There is, however, a way to replicate that success while acting against price fixing.
In Ron's view subsidies should be accompanied by price fixing of the product being subsidised.
A government sponsored price fixing cartel I guess is what he called supply management.
Inflation recently forced the government to tighten its control over price fixing.
In the last 10 years, we have uncovered many cartels, many secret price fixing agreements.
A court might conclude that everyone present during the conversation, whether they said anything or not, were engaged in a price fixing scheme.

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