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Learn the meaning of collusion, a noun that refers to secret agreement or cooperation for an illegal or deceitful purpose. See synonyms, examples, word history, and related articles from Merriam-Webster dictionary.
Collusion is a secret agreement, especially for fraudulent or treacherous purposes; conspiracy. Learn the origin, usage, and legal implications of collusion, and see related words and examples from various sources.
Learn the meaning of collusion, a formal word for agreement between people to act secretly or illegally. See how to use it in sentences and find synonyms, antonyms and related words.
Learn the meaning of collusion, a formal word for agreement between people to act secretly or illegally. See how to use it in sentences and find synonyms, antonyms and related words in different languages.
It is an agreement among firms or individuals to divide a market, set prices, limit production or limit opportunities. [1] It can involve "unions, wage fixing, kickbacks, or misrepresenting the independence of the relationship between the colluding parties". [2] In legal terms, all acts effected by collusion are considered void.
Dec 28, 2020 · Collusion is a non-competitive, secret, and sometimes illegal agreement between rivals which attempts to disrupt the market's equilibrium. Learn about the different types of collusion, such as price fixing, synchronized advertising, and insider trading, and how they are deterred by antitrust and whistleblower laws.
collusion: 1 n secret agreement Type of: agreement , arrangement the thing arranged or agreed to n agreement on a secret plot Synonyms: connivance Types: cahoot collusion Type of: agreement the verbal act of agreeing
