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Collusion is a deceitful agreement or secret cooperation between two or more ... (business owners) are fewer in number, it is easier to collude to serve common ...
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 .
Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.
The collusion of government officials and entrepreneurs [1] (simplified Chinese: 官商勾结; traditional Chinese: 官商勾結), or government–commercial corruption, [2] official-business collusion, [3] most generally translated as government-business collusion, [4] is a term with a negative connotation [5] that generally refers to the government or individual officials who show favoritism ...
Dango refers to collusion in Japanese, or more precisely, "conference", and is an extremely prevalent system in Japan. Dango can be understood as a mutually beneficial system of bureaucracy and government and the private construction industry wherein bid rigging is incredibly common, benefiting colluding firms and officials alike in the form of ...
Surprise Inspections: The European Commission said it has carried out unannounced inspections of the premises of companies and one association active in the fragrance industry in numerous member ...
The loosest form of a price cartel can be recognized in tacit collusion (implicit collusion), wherein smaller enterprises individually devise their prices and market shares in response to the same market conditions, without direct communication, resulting in a less competitive outcome. This type of collusion is generally legal and can achieve a ...
The comment has taken on new meaning since Trump's election. During a New York real estate conference in 2008, President Donald Trump's eldest son admitted that a lot of the family's assets come ...