collusion

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Related to collusive: 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 ?
Scalise was a professional fixer, who had come to see the business possibilities of organizing unions in order to build collusive arrangements in certain industries.
If we assume that firms use capital structure to indicate compliance with a collusive arrangement, the theoretical arguments imply two empirically testable hypotheses.
Employees who have been in their positions for a long period of time will find it easier to form and sustain collusive arrangements, so that turnover that tends to break up such arrangements can be viewed as beneficial.
In the complements treatment, the average price starts between the collusive price and the Nash price.
The bid-rigging scandal involving major bridge builders has again brought into public view the structural collusive relationship between private enterprise and the public sector.
Nine roofing contractors - Apex Asphalt & Paving Co, Briggs Cladding & Roofing, Brindley Asphalt, General Asphalt Company, Howard Evans (Roofing), Richard W Price, Redbrook Mastic Asphalt and Felt Roofing, Rio Asphalt & Paving Co and the Solihull Roofing and Building Co - were found to have agreed to fix the prices of repair, maintenance and improvement services for flat roofing in the region through collusive tendering.
What I believe these very high-profile management frauds have demonstrated is that it's very difficult to detect a pervasive, collusive fraud when you have players colluding to mislead the auditors and fabricating documents.
Despite widespread belief that local and state law enforcement officials are either too incompetent to solve or possibly collusive in the serial killings, the PGR has repeatedly refused to get involved in the investigation.
The warning comes after the Collusive Employer Team, a branch of the Department for Work and Pensions, celebrated three more convictions.
THE City watchdog yesterday announced it was launching a formal investigation into alleged collusive behaviour between a number of split capital investment trusts.
The ministry, criticized for a series of bribery scandals and its long-standing, collusive relationship with politicians and corporate leaders, has tried to regain public trust by siding with the standpoint of taxpayers, political analysts say.
The two trainers were found guilty by the Jockey Club of bringing racing into disrepute following a High Court judgement in November that found they were involved in collusive bidding over the sale of Pru's Profiles at Doncaster in May 1995.