Collusion

From ACT Wiki
Revision as of 14:17, 23 October 2012 by imported>Administrator (CSV import)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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.

See also