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price rigging

См. также в других словарях:

  • Price Rigging — An illegal action performed by a group of conspiring businesses that occurs when the firms agree to artificially inflate prices in an attempt to recognize higher profits at the expense of the consumer. Price rigging can be found in any industry… …   Investment dictionary

  • rigging — rig‧ging [ˈrɪgɪŋ] noun [uncountable] COMMERCE LAW when companies, groups of investors work together illegally or unfairly to influence prices, conditions etc to their advantage ˈmarket ˌrigging COMMERCE LAW when some of the compan …   Financial and business terms

  • Price fixing cases — USAir TravelOn 1 August 2007 it was reported that British Airways has been fined £121.5 million [ cite news | title = BA gets £121.5m price fixing fine| publisher = BBC News | date = 8 January 2007 | url =… …   Wikipedia

  • Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… …   Wikipedia

  • rigging a market — An attempt to make a profit on a market, usually a security or commodity market, by overriding the normal market forces. This often involves taking a long position or a short position in the market that is sufficiently substantial to influence… …   Big dictionary of business and management

  • rigging the market — A term of the stock exchange, denoting the practice of inflating the price of given stocks, or enhancing their quoted value, by a system of pretended purchases, designed to give the air of an unusual demand for such stocks …   Black's law dictionary

  • bid-rigging — This is when companies agree the outcome of a tender process amongst themselves either by deciding in advance which company will bid, who will bid the best price or what the tender price should be. Bid rigging is strictly prohibited under… …   Law dictionary

  • bid rigging — This is when companies agree the outcome of a tender process amongst themselves either by deciding in advance which company will bid, who will bid the best price or what the tender price should be. Bid rigging is strictly prohibited under… …   Law dictionary

  • Bid Rigging — A scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre determined price. Bid rigging stifles free market competition, as the rigged price will be unfairly high. The Sherman Act of… …   Investment dictionary

  • Bid rigging — is an illegal agreement between two or more competitors. It is a form of collusion, which is illegal in most countries. It is a form of price fixing and market allocation, and it involves an agreement in which one party of a group of bidders will …   Wikipedia

  • market rigging — ➔ rigging * * * market rigging UK US noun [U] LAW, COMMERCE, FINANCE ► the practice of unfairly or illegally controlling the sale or the price of products, shares, etc.: »Charges on the arrest warrants included criminal association, extortion and …   Financial and business terms

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