An agreement among competitors for elimination of bidding is a violation of federal antitrust laws.

Question

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Agreements among competitors to eliminate bidding or to allocate customers or markets are considered anticompetitive and in violation of federal antitrust laws. Such agreements are often referred to as "bid rigging" or "market allocation" and can lead to higher prices and reduced competition for consumers.

An Agreement Among Competitors for Elimination of Bidding Is a Violation