Four companies supplied paints to a massive housing reconstruction program.There were 200 contracts distributed over 10 years.Each company won 25 percent of the contract each year.This is an example of:

Question

Quizplus · Accepted Answer

This scenario describes bid rigging, where companies collude to divide contracts among themselves, ensuring each gets an equal share, which is illegal and anti-competitive.

Four Companies Supplied Paints to a Massive Housing Reconstruction Program