price fixing oor Afrikaans

price fixing

naamwoord

(law): In antitrust law, collusion between competitors in order to raise prices, at the expense of competitive pricing.

Vertalings in die woordeboek Engels - Afrikaans

Samespanning

agreement over prices between participants on the same side in a market

voorbeelde

Another case of fraud on a grand scale recently shocked the wealthy patrons of the art world when the former leading administrators of Sotheby’s in New York and Christie’s in London were convicted of price-fixing.
Nog ’n groot bedrogspul het onlangs die welgestelde ondersteuners van die kunswêreld geskok toe die voormalige hoofadministrateurs van Sotheby’s in New York en Christie’s in Londen aan prysvasstellings skuldig bevind is.

The President’s Commission on Organized Crime once stated that in the United States, “organized crime distorts costs through theft, extortion, bribery, price fixing and restraint of trade” and that consumers are forced to pay “what amounts to a surcharge” to the Mafia.
Die President se Kommissie vir Georganiseerde Misdaad het eenkeer gesê dat “georganiseerde misdaad [in die Verenigde State] pryse beïnvloed as gevolg van diefstal, afpersing, omkopery, prysvasstelling en belemmering van handelsvryheid” en dat verbruikers noodgedwonge geld moet betaal “wat neerkom op ’n vergoeding” aan die Mafia.

It is set by law in some countries, although few people observe the fixed price.
Dit word in sommige lande deur die wet vasgestel, hoewel min mense die vasgestelde prys volg.

The captains usually sold their captives by auction, but sometimes they organized a “scramble,” which required buyers to pay a fixed price beforehand.
Die kapteins het gewoonlik hulle gevangenes laat opveil, maar soms het hulle ’n “stormloop” gereël wat vereis het dat kopers vooraf ’n vasgestelde prys betaal.

“The owner told me to fix my price,” I replied.
“Die eienaar het gesê ek moet die prys vasstel”, het ek geantwoord.

“The price for sharpening proved to be a pim for the plowshares and for the mattocks and for the three-toothed instruments and for the axes and for fixing fast the oxgoad,” states the Bible. —1 Samuel 13:21.
“Die prys om die ploegskare en die bylpikke en die drietandwerktuie en die byle skerp te maak en om die osprikkel vas te sit, was ’n pim”, sê die Bybel.—1 Samuel 13:21.