Last Updated:2025/11/30

(law) a conspiracy in which two or more competitors agree about who will submit the winning bid when there is a call for bids.

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bid rigging

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Source Word

bid rigging

Noun
uncountable usually
Japanese Meaning
(法律用語)複数の競争者が、入札の際にあらかじめ勝者(入札の勝者)を決めるために共謀する行為、すなわち入札談合
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その企業は複数の公共契約における入札談合で有罪と認定され、重い罰金を科された。

plural

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