4 ms·
What separates collusion from a business agreement?
by dmihal 9y ago
What separates collusion from a business agreement?
- bitsnbytes 9y agoI would say transparency and a formal written statement between business, versus an agreement that is so unethical or illegal that nobody wants to put their name on it or officially declare it to the public.
- wyldfire 9y agoA business agreement to mutually not enter one another's competitive domains is a conspiracy against the consumer. Similar examples include price fixing, anti-employee "poaching" agreements. Permissable business agreements include joint ventures, plans to supply one another when creating or entering a new marketplace, etc.
- intended 9y agoNothing. Collusion is functionally an illegal (and informal) business agreement.