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 ?
According to a survey conducted by citizen engagement platform, LocalCircles, 53 percent respondents stated that collusive corruption between businesses and staff at PSBs in India is a norm, while 43 percent said it happened only in limited cases of loans/credit.
Whether in the private or public sector, the antitrust commission will be less effective without the ability to wiretap conversations of collusive actors.
The discussion is a long lasted one (we can point to Posner (1969) as one of the most influential early works on the topic) and evolves to conclusion that there could exists potential "enforcement gap" whereby firms engaged in strategic interactions may be able to sustain (undesirable) collusive outcomes without violating cartel laws (OECD, 2015).
The infinite-horizon games admit a competitive equilibrium as well as two collusive equilibria where bidders take turns winning the auction at the reserve price (bid rotation).
On 15 December 2014 the Bank announced its settlement with the highway company following an investigation into fraudulent and collusive practices in tendering for an AfDB-financed contract in the Democratic Republic of Congo (DRC).
Collusive lawsuits cheat the public and violate the law.
We revisit Friedman's (1971) work under optimal punishment instead of trigger strategies to characterize the effect of detection lags in collusive agreements in an n-firm oligopoly.
The conditions are centered on two competition specific concerns, namely the extent to which the post-merger market situation will result and the extent of a possible collusive or coordinated behaviour that would likely prevent or lessen competition.
Additionally, we present a collusive result that we have not found elsewhere in the literature.
By this I mean the bureaucratic inefficiency, the collusive relationship between councils and the public sector unions, and the virtual constant reorganisations which decide that some senior managers are surplus to requirements and then bestow various pension enhancements on these individuals, knowing full well that if they have "networked" successfully they will reappear immediately in consultancy roles, often carrying out similar duties from which they were made redundant.
Hitachi-LG Data Storage and the co-conspirators also "submitted collusive and noncompetitive bids" for optical disc drive contracts at an HP procurement event, according to the DOJ.
Those groups' collusive agreement with the Secretary of the Interior to sacrifice the endangered gray wolf in order, supposedly, to prevent other species from being removed from the endangered species list is a monumental disgrace.