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A price fixing agreement, express or implied, is a violation of antitrust laws. It can be horizontal (an agreement between competitors) or vertical (an agreement between a supplier and a reseller, or between a wholesaler and a retailer).
A '''price fixing''' agreement is an agreement, express or implied, between two parties to illegally set the price of a good or service. It can be horizontal (an agreement between competitors) or vertical (an agreement between a supplier and a reseller, or between a wholesaler and a retailer).
[[category:economics]]
[[category:economics]]