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
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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