DETECTING COLLUSION IN PROCUREMENT AUCTIONS

Collusion is an agreement among a group of firms, called a cartel, designed to limit competition among the participants. If all firms in the cartel follow the agreement, buyers will face higher prices, giving the cartel members profits above the normal competitive level. State and federal statutes have proscribed such agreements to protect consumers from collusive behavior, and considerable resources are expended every year on the investigation and prosecution of colluders.

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