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Discover LudwigSuggestions(2)
"raise their prices" is correct and usable in written English.
You can use it when you want to describe an instance of a company or group increasing the cost of their goods or services. For example, "The airline announced they would raise their prices to compensate for rising fuel costs."
Exact(59)
Cabbies raise their prices.
Most business raise their prices, but not the employees pay.
Naturally, those that sell options raise their prices in response to higher demand for insurance.
Furthermore, the majors have long been keen to raise their prices on iTunes.
If it continues, they will have to raise their prices too.
The other is declining competition, which would allow them to raise their prices.
It's a very incidental expense, and they could raise their prices to cover it, anyway.
If consumers' demand for goods and services goes up, sellers will raise their prices accordingly.
Often suppliers quickly raise their prices once a rival has taken the first step.
Or, as often happens, they may simply raise their prices to compensate for higher trucking costs.
The drug companies might raise their prices abroad, cutting the price differential.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com