Share this entry

Share this page

price ring

Line breaks: price ring

Entry from British & World English dictionary

Definition of price ring in English:

noun

A group of traders or companies acting illegally to fix a minimum retail price for their competing products, thus forming a cartel.

Definition of price ring in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day jaunt
Pronunciation: dʒɔːnt
noun
a short excursion or journey made for pleasure