Which of the following does not explain 'open competition'?

Question

Quizplus · Accepted Answer

The concept of open competition is about creating a fair and transparent environment for suppliers to bid for a contract or an order. It ensures that all potential suppliers have equal opportunities and are selected based on objective criteria. Open competition aims to prevent exclusive dealings where only a few select suppliers are allowed to submit a bid. Collusion between purchaser and supplier goes against the principle of open competition and can result in unfair competition.

Which of the Following Does Not Explain 'Open Competition