fix the price of

See: rate
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Last December, Lebanon's Agriculture and Health ministries pledged to fix the price of milk after prices dropped below the cost of production due to a sudden decrease in demand.
Summary: The under-secretary-general of the Economic and Trade Ministry decided in its first meeting to fix the price of the electric tariff with an amount of 20 dirham of each KB in an hour from the start of the current year.
Littlewoods and Argos now face fines after the Court of Appeal backed an Office of Fair Trading charge that the stores agreed to fix the price of Hasbro toys.
The OFT ruled in August last year that a number of businesses had entered into anti-competitive agreements to fix the price of top-selling shirts.
The agreement brings to $531 million the amount plaintiffs have agreed to pay to settle the lawsuit, which claims the companies conspired to fix the price of high fructose corn syrup.
The Office of Fair Trading said it was writing to the companies setting out why it proposes to find that they "entered into a number of agreements to fix the price of football kits manufactured and supplied by Umbro, infringing Chapter I of the Competition Act 1998".
At present, the four electrical firms can only be told to end any agreement to fix the price of certain goods.
SWISS COMPANIES PAY PRICE-FIXING FINES: Two Swiss chemical companies agreed Wednesday to pay $25 million in criminal fines and plead guilty to conspiring to fix the price of citric acid around the world.
A federal court in New Jersey has ruled that a lawsuit that accuses Mercedes-Benz and its New York, New Jersey, and Connecticut area dealers of engaging in a conspiracy to fix the price of new Mercedes-Benz automobiles may proceed as a class action on behalf of all purchasers of such vehicles in the tri-state region from 1991 through 1999.
Christie's and Sotheby's are charged with conspiring to fix the price of commissions charged to buyers at 15% of the first $50,000 of merchandise purchased and 10% of any amount over the $50,000.
The complaint alleges that, in approximately January 1992, Christie's and Sotheby's conspired to fix the price of commissions charged to buyers at 15% of the first $50,000 of merchandise purchased and 10% of any amount over the $50,000.
In the present case, plaintiff alleges that commencing on or about January of 1992, Christie's and Sotheby's conspired to fix the price of commissions they charged to buyers at 15% of the first $50,000 of merchandise purchased and 10% of any amount over $50,000.