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bid rigging

/bɪd ˈrɪɡɪŋ/
Main Example

The company was fined for engaging in bid rigging.

Example context
Grammatical Info:
Noun (n.)

A form of fraud where competitors agree to raise prices or limit competition in bidding processes.

Other Example
Synonyms
Synonyms

bid rigging

/bɪd ˈrɪɡɪŋ/
Main Example

They were accused of bid rigging to win the contract.

Example context
Grammatical Info:
Verb (v.)

To participate in a fraudulent agreement to manipulate bidding outcomes.

Other Example
Synonyms
Synonyms

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