What is collusive
custody?Collusive custody is the most stringent form of restriction of personal freedom.
The Bank also found that the company and its local agent engaged in collusive
practices by arranging with procurement officials to artificially inflate the prices of the company's bids in relation to these contracts.
9 ( ANI ): In the backdrop of the recent scams reported in the banking sector, citizens have flagged concern on various aspects of business-banker nexus and the gaps that exist, particularly of collusive
corruption existing among (PSBs).
CCP remains particularly vigilant against collusive
activities which is the most egregious form of anti-competitive behaviour.
The sanction is part of a Negotiated Resolution Agreement (NRA) following the company's acknowledgment of improper payments to a sub-contractor and collusive
misconduct to obtain and modify bid specifications to narrow competition and secure the award of the contract.
Moon campaigned to upend collusive
ties between "Chaebol" groups and top officials and push institutional reform that spreads economic gains.
There is usually a semblance of public bidding, but more often than not, it is a fixed bidding through collusive
or anticompetitive conduct.
It said the firms were suspected of engaging in collusive
practices to fix incremental rates on the shipment of cargo from Asia to South Africa.
These so-called "pay for delay" settlements delay generic entry, and they have been labeled as collusive
by the Federal Trade Commission.
Prohibited horizontal practices (agreements or concerted practices) are named collusive
. Collusion may be sustained by a variety of forms, from a formally organized structure to a minimal or no communication between the parties (common understanding).
In procurement auctions, where firms compete by setting prices, observing the prices set by one's rivals can be crucial to the feasibility of any collusive
scheme (Porter 2005).
(CFHEC) following admission of fraudulent and collusive
practices in an AfDB-financed project.