Collusion: Difference between revisions
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2. More generally, secret agreement for the purpose of improper acts or omissions. | 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. | |||
== See also == | == See also == | ||
* [[Cartel]] | * [[Cartel]] | ||
Revision as of 11:10, 11 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.
