- bid rigging
- collusive tendering
Generated definitions (experimental)
- bid rigging
- collusive tendering
This refers to a fraudulent practice where competing parties conspire to set prices or terms among themselves, rather than competing against each other.
Some companies manipulate the bidding process through bid rigging.
Bid rigging is illegal and can lead to serious consequences.
This refers to a scenario where bidders collaborate to set prices or conditions for a tender, undermining fair competition.
They were accused of collusive tendering, that is, colluding in the bidding.
The government has intensified its crackdown on collusive tendering to ensure fair competition.
Generated collocations (experimental)
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