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Collusion is a deceitful agreement or secret cooperation between two or more parties to limit open competition by deceiving, misleading or defrauding others of their ...
An example of context collusion offline may be a wedding where different social circles are purposefully combined. Online, context collusion is seen on social media sites like Facebook where one may create a post to garner attention from various social groups.
Collusion is an agreement, usually secretive, which occurs between two or more persons to deceive, mislead, or defraud others of legal rights. If the agreement is to commit a crime in the future, such collusion may be a criminal conspiracy .
The concept of collusion in couples' relations with two partners is a psychological term for behavioral patterns in relationships for couples therapy. In contemporary psychotherapeutical practice, collusion often refers to a failure of the therapist to maintain neutrality or objectivity, such as when the therapist aligns too closely with a client's distorted perspectives or defenses.
A form of collusion, a conspiracy may also refer to a group of people who make an agreement to form a partnership in which each member becomes the agent or partner of every other member and engage in planning or agreeing to commit some act. It is not necessary that the conspirators be involved in all stages of planning or be aware of all details.
Jane Jacobs described it as a natural consequence of collusion between those managing power and trade while Noam Chomsky has argued that the word crony is superfluous when describing capitalism. [50] Since businesses make money and money leads to political power, business will inevitably use their power to influence governments.
Tacit collusion is a collusion between competitors who do not explicitly exchange information but achieve an agreement about coordination of conduct. [1] There are two types of tacit collusion: concerted action and conscious parallelism .
There are game theoretic models of market interaction (e.g. among oligopolists) that predict that an increase in market concentration will result in higher prices and lower consumer welfare even when collusion in the sense of cartelization (i.e. explicit collusion) is absent.