Collusion: Difference between revisions
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imported>Doug Williamson m (Spacing) |
imported>Doug Williamson (Layout.) |
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2. More generally, secret agreement for the purpose of improper acts or omissions. | 2. More generally, secret agreement for the purpose of improper acts or omissions. | ||
== See also == | == See also == | ||
* [[Cartel]] | * [[Cartel]] |
Revision as of 12:01, 6 May 2016
1. An agreement between firms to restrict competition to the advantage of the firms and to the disadvantage of consumers. May result in a cartel being formed.
2. More generally, secret agreement for the purpose of improper acts or omissions.