collusion

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Related to Collusive pricing: colluded, Collusive agreement

collusion

a secret agreement between opponents at law in order to obtain a judicial decision for some wrongful or improper purpose

collusion

A secret agreement for illegal or fraudulent purposes.
References in periodicals archive ?
of collusive pricing, there is neither legal nor practical
The illustration presented in figure 3 may help explain the price uniformity observed in the market for sound recordings, argued by some to be the result of an oligopolistic market structure and collusive pricing.
111) Posner asserts that information-exchanges "foster collusive pricing both by enabling convergence on a single supracompetitive price and by facilitating detection of, and thereby discouraging, sales below that price.