collusion

Examples of collusion in the following topics:

• Price Fixing

  • Price fixing is a collusion between competitors in order to raise prices of a good or service, at the expense of competitive pricing.
  • As it is commonly understood, the term "price fixing" refers to a collusion between sellers in a market to coordinate pricing--usually pushing it above the competitive level--for their collective benefit.
  • Neelie Kroes said she was "very disappointed" that the collusion took place at the very highest (boardroom) level.

• Value-Based Pricing

  • Some constraints are formal, such as government restrictions in respect to strategies like collusion and price-fixing.