is price fixing legal 
price fixing refers to a practice in which multiple firm collaborate to set prices that would otherwise be determined by supply and demand within a competitive market in general it is illegal in the u s and suspected instances of price fixing are subject to legal scrutiny and potential criminal prosecution 1the bottom linemarket power also known as pricing power refer to a company s relative ability to influence the price of products by manipulating supply demand or both it enables companies to increase their profit margins and and impose barriers to entry for other firms many countries including the u s have antitrust laws that aim to limit the market power of any one firm 