force prices down; extort and suppress
Meanings
2 senses · 6 examplesverb
to force down prices by coercion; to depress prices under duress
formalOften used in contexts of unfair market practices or abuse of power by authorities or monopolies to dictate prices.
This monopoly uses its position to force down the prices of products from small suppliers.
The corrupt official attempted to purchase grain from farmers at low prices through coercive price suppression.
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This behavior is essentially a form of price coercion that severely undermines market fairness.
verb
to extort and suppress; to oppress through extortion
formalA broader term describing using extortion to control or suppress people, often involving threats for money or compliance.
Gangs often extort and suppress businesses by demanding protection money.
During that chaotic period, officials extorting and suppressing the common people was a widespread phenomenon.
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Because he refused to be extorted and suppressed, he was threatened by the other party.