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they agreed a price

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  • Price fixing cases — USAir TravelOn 1 August 2007 it was reported that British Airways has been fined £121.5 million [ cite news | title = BA gets £121.5m price fixing fine| publisher = BBC News | date = 8 January 2007 | url =… …   Wikipedia

  • price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

  • agreed — agree a‧gree [əˈgriː] verb [intransitive, transitive] 1. to make a decision with someone after a discussion with them: • They have agreed a price for the land. • He has agreed a new two year contract. agree to do something • The company agreed in …   Financial and business terms

  • price — 1 /praIs/ noun 1 MONEY (C, U) the amount of money for which something is sold, bought, or offered: Fuel prices are rising steadily. (+ of): Can you tell me what the price of a new window would be? | They agreed on a price of 2000 for the car. |… …   Longman dictionary of contemporary English

  • agreed — a|greed [əˈgri:d] adj [only before noun] 1.) an agreed plan, price, arrangement etc is one that people have discussed and accepted ▪ The important thing is to have agreed objectives. 2.) be agreed if people are agreed, they have discussed… …   Dictionary of contemporary English

  • agreed — adjective (only before noun) 1 an agreed plan, price, arrangement etc is one that people have discussed and accepted: Reform had not yet been achieved, but it remained the party s agreed priority. 2 be agreed if people are agreed, they have… …   Longman dictionary of contemporary English

  • Price mechanism — is an economic term that refers to the buyers and sellers who negotiate prices of goods or services depending on demand and supply.[1] A price mechanism or market based mechanism refers to a wide variety of ways to match up buyers and sellers… …   Wikipedia

  • Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… …   Wikipedia

  • price — price1 W1S1 [praıs] n [Date: 1200 1300; : Old French; Origin: pris, from Latin pretium price, money ] 1.) [U and C] the amount of money you have to pay for something ▪ People are prepared to pay high prices for designer clothes. price of ▪ The… …   Dictionary of contemporary English

  • agreed — a|greed [ ə grid ] adjective ** 1. ) only before noun an agreed price, limit, date, etc. is one that people have talked about and accepted: Her husband failed to pay her the agreed sum of money. We waited for a knock, which was the agreed signal …   Usage of the words and phrases in modern English

  • Price scissors — The price scissors is an economic phenomenon when for a certain group or sector of productive population the overall valuation from their production for sale outside this group drops below the valuation of the demand of this group for goods… …   Wikipedia

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