collusion
noun
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Definition of collusion
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Other Words from collusion
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adjective
Examples of collusion in a Sentence
Recent Examples on the Web
But when special counsel Robert Mueller’s report came out, and there was no collusion, no crime charged, their fantasy collapsed. — John Kass, chicagotribune.com, "Column: Robert Mueller crushed their dreams, so Democrats pivot to race," 21 Aug. 2019 Investigators only began probing suspicions of his collusion in the early release from prison of a mafia don in 2013, after the ex-president became embroiled in a vendetta with his successor and one-time protégé, Sooronbay Jeyenbekov. — The Economist, "After a siege of his home, an ex-president faces grave charges," 17 Aug. 2019 Last week, the Texas Democratic Party and Ramos sued Bonnen and Sullivan, alleging improper campaign-finance collusion. — Robert T. Garrett, Dallas News, "In agreeing to secret huddle, Texas House Speaker Dennis Bonnen veers off state GOP’s script," 11 Aug. 2019 One of his targets was Philip Roth, whose fame, Kostelanetz argued, was the result of collusion by publishers and critics to hype Portnoy’s Complaint beyond its merits. — Christian Lorentzen, Harper's magazine, "Like This or Die," 10 Apr. 2019 It was just announced there was no collusion with Russia. — Jonathan Lemire, The Seattle Times, "Trump claims vindication in Mueller report, goes on attack," 25 Mar. 2019 Sepideh Kashani, Amir Hossein Khaleghi, and Abdolreza Kouhpayeh are charged with espionage, and Sam Radjabi is facing the lesser charge of collusion related to espionage. — Frans Lanting, National Geographic, "Jailed researchers trying to protect threatened cheetahs in Iran await verdict," 15 Mar. 2019 In 2017, Kaepernick and Reid filed a grievance against the NFL alleging the two remained unsigned because of collusion by owners following the kneeling protest. — Christopher Brito, CBS News, "Colin Kaepernick talks about the police shooting that led him to protest during national anthem," 20 Aug. 2019 German newspaper Handelsblatt has reported that Wirecard gave audio evidence to prosecutors alleging collusion between short sellers and Financial Times employees. — Julia Horowitz, CNN, "FT asks law firm to review its reporting on Wirecard as spat escalates," 23 July 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'collusion.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for collusion
collusion
nounFinancial Definition of collusion
What It Is
Collusion, also known as price rigging or price fixing, occurs when several individuals and/or businesses agree to set the price for something.
How It Works
For example, let’s assume that there are four major cable providers in the U.S. The four companies meet secretly and agree not to compete with one another for customers in certain geographic areas of the country. To accomplish this, they agree on which of the four providers will "get" each territory by offering the best price or service in that territory. The other three firms agree to not offer a lower price in that territory. In return, each of the three other firms get their own territory with the same agreement. By doing this, the four providers ensure that no other competitors will enter the markets, thereby preserving their profits and territories as a whole.
In the stock market, traders with inside information might collude on trades in order to benefit from the inside information.
Why It Matters
Collusion is illegal because it interferes with the natural market forces of supply and demand and harms consumers by inhibiting competition.
Source: Investing Answers
collusion
noun
English Language Learners Definition of collusion
See the full definition for collusion in the English Language Learners Dictionary
collusion
noun
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Legal Definition of collusion
Other Words from collusion
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adjective
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