Concept information
Preferred term
bid rigging
Definition
- BID RIGGING CONSTITUTES a violation antitrust law. It is closely related to horizontal pricefixing, in that both offenses involve collusion between supposed competitors in the same market group. [Source: Encyclopedia of White-Collar & Corporate Crime; Bid Rigging]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/bid_rigging
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