An agreement in which competitors agree in advance who will win a bid based on the tenders submitted is an unethical practice known as bid rigging.

Name: An agreement in which competitors agree in advance who will win a bid based on the tenders submitted is an unethical practice known as bid rigging.
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Question

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Bid rigging is an illegal practice where competitors collude to decide who will win a tender, violating competition rules and leading to unfair advantages for specific companies or individuals.

An Agreement in Which Competitors Agree in Advance Who Will