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collusion
Collusion is an agreement between two or more parties, sometimes illegal and therefore secretive, to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair market advantage. It is an agreement among firms or individuals to divide a market, set prices, limit production or limit opportunities.
It can involve "wage fixing, kickbacks, or misrepresenting the independence of the relationship between the colluding parties".〔(Collusion Law & Legal Definition )〕 In legal terms, all acts effected by collusion are considered void.〔Collusion (). (Archived ) 2009-10-31.〕
== Definition ==
In the study of economics and market competition, collusion takes place within an industry when rival companies cooperate for their mutual benefit. Collusion most often takes place within the market structure of oligopoly, where the decision of a few firms to collude can significantly impact the market as a whole. Cartels are a special case of explicit collusion. Collusion which is not overt, on the other hand, is known as tacit collusion.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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