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That is not what price fixing actually is. In the UK "price matching" is a one-to-many relationship meaning that the price of goods is set to the "lowest available"

Price fixing is a many-to-one all the manufactures agree to the highest prices they all agree on and set it there.



You are arguing semantics. Effect is the same.


The effect is literally the opposite of what was described. It provides a downward pressure on pricing and it's all open.

If you think a private agreement to fix the price at an artificially inflated level is the same as a public offer to lower the price based on competitors, I have little hope for any business venture you may partake/undertake


It cuts both ways. Downward pricing can be used to remove competitors who cannot give up that much of margin.


That's a different argument to what you first stated. Regarding price consumers are not as one dimensional as you are led to believe.




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