conscious parallelism
conscious parallelism noun: price fixing that occurs without direct communication between the participants, but where the participants instead intentionally follow one another in raising prices to maximize profits at the expense of competitive pricing.
Noun
conscious parallelism (uncountable)
- Price fixing that occurs without direct communication between the participants, but where the participants instead intentionally follow one another in raising prices to maximize profits at the expense of competitive pricing.
Questions about conscious parallelism
- What does conscious parallelism mean?
- Conscious parallelism means price fixing that occurs without direct communication between the participants, but where the participants instead intentionally follow one another in raising prices to maximize profits at the expense of competitive pricing.
- What part of speech is conscious parallelism?
- Conscious parallelism is a noun.
Words near conscious parallelism in the dictionary
Source and license
Adapted from Wiktionary: conscious parallelism (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “conscious parallelism.” Word.ws, https://word.ws/conscious_parallelism. Based on Wiktionary, CC BY-SA 4.0.
