collusive tendering - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “collusive tendering”

collusive tendering

noun [U]
 
 
( also collusive bidding) LAW
a situation in which companies share information illegally among themselves when offering to supply goods or services, in order to control the price: Collusive tendering deprives customers of the benefits of competition.
(Definition of collusive tendering from the Cambridge Business English Dictionary © Cambridge University Press)
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