What involves the agreement on the part of multiple corporations to charge a particular price for a good or service?

Price fixing

Explanation:

Any understanding between business contenders or between producers, wholesalers, and retailers to raise, fix, or in any case look after costs. Many, however not all, value fixing understandings are illicit under antitrust or rivalry law.

Unlawful activities might be indicted by government criminal or common authorization authorities or by private gatherings who have endured financial harms because of the lead.