Collusion: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing) |
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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. | 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. | 2. More generally, secret agreement for the purpose of improper acts or omissions. | ||
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== See also == | == See also == | ||
* [[Cartel]] | * [[Cartel]] | ||
Revision as of 06:19, 3 August 2013
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.
