Collusive Practice definition: Copy, customize, and use instantly
Introduction
The term "Collusive Practice" refers to any form of agreement or arrangement between parties designed to deceive, manipulate, or distort market conditions, often for competitive advantage or to evade legal or contractual obligations. This is essential in contracts where fairness and transparency are crucial for maintaining the integrity of transactions and compliance with legal frameworks.
Below are various examples of how "Collusive Practice" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Collusive Practice" as market manipulation
This definition connects "Collusive Practice" to the manipulation of market conditions.
"Collusive Practice" means any coordinated effort or agreement between parties to manipulate or distort market conditions, including price-fixing, bid-rigging, or other anti-competitive behavior.
Definition of "Collusive Practice" as deceptive conduct
This definition links "Collusive Practice" to actions intended to deceive others.
"Collusive Practice" refers to the deliberate collaboration between parties with the intention of deceiving others, misrepresenting facts, or misleading stakeholders for personal or collective gain.
Definition of "Collusive Practice" as illegal coordination
This definition applies "Collusive Practice" to illegal actions and agreements.
"Collusive Practice" means an illegal agreement between two or more parties to engage in activities that violate antitrust laws, regulations, or ethical standards.
Definition of "Collusive Practice" as fraud in bidding processes
This definition ties "Collusive Practice" to fraudulent activities in competitive bidding.
"Collusive Practice" refers to an arrangement between bidders in a competitive process where they agree not to compete, resulting in artificial or fixed outcomes that defraud the process.
Definition of "Collusive Practice" as price-fixing
This definition connects "Collusive Practice" to the illegal fixing of prices.
"Collusive Practice" means any agreement between competitors to fix, raise, lower, or stabilize prices or other market conditions in a manner that reduces competition.
Definition of "Collusive Practice" as coordinated actions to circumvent rules
This definition applies "Collusive Practice" to efforts to bypass regulations or rules.
"Collusive Practice" refers to coordinated actions between parties intended to circumvent or violate regulatory or legal rules, ensuring mutual benefit while avoiding scrutiny.
Definition of "Collusive Practice" as unfair competition
This definition ties "Collusive Practice" to actions that undermine fair competition.
"Collusive Practice" means any action or agreement that undermines fair competition, including the use of deceptive tactics, improper coordination, or illicit arrangements.
Definition of "Collusive Practice" as a scheme to rig contracts
This definition links "Collusive Practice" to schemes aimed at manipulating contract terms.
"Collusive Practice" refers to an arrangement between parties to rig contract terms or outcomes to favor one or more parties, typically at the expense of others.
Definition of "Collusive Practice" as coordination in tenders
This definition connects "Collusive Practice" to tendering and bidding processes.
"Collusive Practice" means an agreement between multiple parties to coordinate their actions in tender or bidding processes, undermining the fairness and integrity of the competition.
Definition of "Collusive Practice" as corporate collusion
This definition ties "Collusive Practice" to coordinated actions between corporations.
"Collusive Practice" refers to an agreement between corporations or business entities to act in concert for purposes that contravene the principles of free and open competition.
Definition of "Collusive Practice" as an anti-competitive agreement
This definition applies "Collusive Practice" to anti-competitive agreements that harm the market.
"Collusive Practice" means an agreement between businesses or individuals to engage in anti-competitive behavior, such as dividing markets, controlling supply, or limiting competition in other ways.
Definition of "Collusive Practice" as a fraudulent partnership
This definition connects "Collusive Practice" to fraudulent or deceptive business partnerships.
"Collusive Practice" refers to a partnership formed with the intention of defrauding others, engaging in dishonest conduct, or distorting market outcomes for mutual advantage.
Definition of "Collusive Practice" as cartel behavior
This definition ties "Collusive Practice" to cartel-like activities in business.
"Collusive Practice" means the activities of a cartel, where multiple parties conspire to manipulate market conditions or prices, undermining competition and market fairness.
Definition of "Collusive Practice" as a conspiracy to defraud
This definition applies "Collusive Practice" to conspiracy-based fraud.
"Collusive Practice" refers to a conspiracy between parties to defraud others, often by engaging in deceptive practices or fraudulent schemes to manipulate transactions or outcomes.
Definition of "Collusive Practice" as a scheme to fix market conditions
This definition links "Collusive Practice" to the artificial manipulation of market conditions.
"Collusive Practice" means a coordinated effort between multiple entities to fix or manipulate market conditions in their favor, often at the expense of competitors and consumers.
Definition of "Collusive Practice" as non-competitive agreements
This definition applies "Collusive Practice" to agreements that avoid competition.
"Collusive Practice" refers to agreements between competitors to avoid competition, such as dividing markets, limiting production, or engaging in other non-competitive behaviors.
Definition of "Collusive Practice" as deceptive bidding agreements
This definition connects "Collusive Practice" to deceptive bidding behavior.
"Collusive Practice" means a deceptive agreement between parties in a bidding process to alter the competitive landscape, resulting in inflated prices or predetermined outcomes.
Definition of "Collusive Practice" as manipulating public procurement
This definition ties "Collusive Practice" to the manipulation of public procurement processes.
"Collusive Practice" refers to actions taken by individuals or organizations to manipulate public procurement processes, often by coordinating bids or rigging contracts for personal or corporate gain.
Definition of "Collusive Practice" as anti-competitive pricing strategies
This definition links "Collusive Practice" to anti-competitive pricing practices.
"Collusive Practice" means the use of pricing strategies intended to reduce competition, such as price-fixing or market-sharing, to the detriment of consumers and the market.
Definition of "Collusive Practice" as a manipulation of supply chains
This definition connects "Collusive Practice" to the manipulation of supply chains for gain.
"Collusive Practice" refers to the manipulation or coordination of supply chains between companies to distort the supply of goods or services, creating artificial scarcity or inflated prices.
Definition of "Collusive Practice" as corrupt arrangements
This definition applies "Collusive Practice" to corrupt business or government arrangements.
"Collusive Practice" means any corrupt arrangement where two or more parties engage in coordinated, unethical, or illegal conduct for personal or collective financial benefit.
Definition of "Collusive Practice" as unfair trade practices
This definition ties "Collusive Practice" to unfair trade tactics.
"Collusive Practice" refers to unfair trade practices where parties agree to distort competitive conditions or deceive consumers or stakeholders for mutual benefit.
Definition of "Collusive Practice" as conspiracy in international trade
This definition applies "Collusive Practice" to international trade scenarios.
"Collusive Practice" refers to conspiratorial actions between businesses or states to distort international trade practices, such as manipulating tariffs or agreements to gain unfair advantages.
Definition of "Collusive Practice" as an unlawful price agreement
This definition links "Collusive Practice" to unlawful price-setting agreements.
"Collusive Practice" means an unlawful agreement between two or more parties to set or manipulate prices, restricting the natural dynamics of the market.
Definition of "Collusive Practice" as rigging of government contracts
This definition ties "Collusive Practice" to the manipulation of government procurement processes.
"Collusive Practice" refers to the rigging of government contracts, where parties coordinate their bids or actions to ensure predetermined outcomes that favor certain bidders.
Definition of "Collusive Practice" as the abuse of market dominance
This definition connects "Collusive Practice" to abuses of market dominance.
"Collusive Practice" means the abuse of market dominance, where dominant players coordinate to restrict competition, fix prices, or control supply in an unfair manner.
Definition of "Collusive Practice" as coordinated deception
This definition links "Collusive Practice" to a coordinated effort to deceive or mislead.
"Collusive Practice" refers to coordinated efforts to deceive, mislead, or manipulate stakeholders through false information, hidden agendas, or deceptive practices.
Definition of "Collusive Practice" as co-conspiracy in fraud schemes
This definition applies "Collusive Practice" to co-conspirators in fraudulent schemes.
"Collusive Practice" refers to the participation of multiple parties in a conspiracy to execute fraudulent schemes that harm others or violate legal and contractual norms.
Definition of "Collusive Practice" as a joint fraudulent activity
This definition connects "Collusive Practice" to fraudulent joint activities.
"Collusive Practice" means the joint action of two or more parties engaging in fraudulent activities with the aim of benefiting financially or strategically through deception or misconduct.
Definition of "Collusive Practice" as exploitation of regulatory loopholes
This definition ties "Collusive Practice" to the exploitation of regulatory gaps.
"Collusive Practice" refers to the exploitation of regulatory loopholes through coordinated efforts to circumvent the intent of laws or regulations for the parties' collective benefit.
Definition of "Collusive Practice" as a cartel-like operation
This definition connects "Collusive Practice" to operations resembling a cartel.
"Collusive Practice" means any action or agreement resembling a cartel, where multiple parties engage in coordinated actions to reduce competition, fix prices, or otherwise manipulate market conditions for mutual gain.
Definition of "Collusive Practice" as false representation of competition
This definition links "Collusive Practice" to the misrepresentation of competitive dynamics.
"Collusive Practice" refers to the false representation of competition in a market, where parties collude to create the appearance of competition while engaging in coordinated, non-competitive behavior.
Definition of "Collusive Practice" as coordinated breach of contract
This definition applies "Collusive Practice" to breaches of contract.
"Collusive Practice" means the coordinated breach of contract by multiple parties to gain an unfair advantage or to evade legal obligations.
Definition of "Collusive Practice" as manipulation of public resources
This definition ties "Collusive Practice" to the manipulation of public resources for private gain.
"Collusive Practice" refers to the manipulation or exploitation of public resources by coordinated efforts between private parties, often to achieve unlawful financial or strategic benefits.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.