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.

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Meanings

nounconscious parallelism (uncountable)
  1. USuncountableantitrust lawlawPrice 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.
Cite this entry
APA

conscious parallelism. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/conscious%20parallelism

MLA

“conscious parallelism.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/conscious%20parallelism. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “conscious parallelism,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/conscious%20parallelism.

Source: conscious parallelism on Wiktionary, CC BY-SA 4.0.