fijación de precios
/fixaθjon de pɾeθjos/from spelling rules
The English phrase 'price fixing' is translated into Spanish as fijación de precios.
This term is used in economic and legal contexts to describe an illegal agreement between competitors to manipulate prices.
Meaning: collusion betwen competitors (noun)
What does it mean word for word?
The phrase is composed of fijación (fixing/setting) and de precios (of prices).
Is it said differently in some regions?
In Mexico, colusión de precios is commonly used. In Argentina, Concertación de precios is generally used. In Spain, the term cártel de precios is commonly employed to refer to a group of companies fixing prices.
How do you pronounce it?
/fixaθjon de pɾeθjos/
Did you know?
- In Spanish, fijación is used to describe a psychological obsession. Outside of a legal context, fijación de precios could humorously imply that the prices themselves are emotionally obsessed with one another.
- The Argentinian term concertación de precios uses the verb concertar, which is also the word used to arrange a musical concert.
- The verb fijar in fijación de precios does not only mean to set a price, but also to stare intently or gaze at someone.
Examples in context
- La empresa está implicada en una colusión de precios que afecta el mercado.The company is involved in price fixing that affects the market.
- Parece que han hecho un pacto de precios para eliminar la competencia.It seems they made a price fixing agreement to eliminate competition.
- La fijación de precios es ilegal en este sector.Price fixing is illegal in this sector.
- Investigan una posible fijación de precios entre las aerolíneas.They are investigating possible price fixing among the airlines.
- El gobierno sancionó la fijación de precios de la gasolina.The government sanctioned the price fixing of gasoline.
Example conversation
Two colleagues are discussing a legal case in their office.
- MaríaDaniel, ¿leíste la noticia sobre la fijación de precios?Daniel, did you read the news about the price fixing?
- DanielSí, María, parece que varias marcas collusionaron.Yes, María, it seems that several brands colluded.
- MaríaLa multa por la fijación de precios será enorme.The fine for the price fixing will be enormous.
- DanielEs un riesgo muy alto para cualquier empresa.It is a very high risk for any company.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
