It occurs when businesses agree to fix prices at an auction or manipulate bids, forcing buyers to select the higher-priced "pre-selected" bid instead of the best price. a. Price fixing b. Bid rigging c. Formation of cartel d. Price manipulation

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It occurs when businesses agree to fix prices at an auction or manipulate bids, forcing buyers to select the higher-priced "pre-selected" bid instead of the best price.

a. Price fixing

b. Bid rigging

c. Formation of cartel

d. Price manipulation

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