collusion

noun

col·lu·sion | \ kə-ˈlü-zhən

Definition of collusion

: secret agreement or cooperation especially for an illegal or deceitful purpose acting in collusion with the enemy

Other Words from collusion Synonyms More Example Sentences Learn More about collusion

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Examples of collusion in a Sentence

The company was acting in collusion with manufacturers to inflate prices. there was collusion between the two companies to fix prices

Recent Examples on the Web

Under fire for alleged collusion with the Russian government, Trump responds by complaining about others who have Russia ties. — Jeet Heer, The New Republic, "Trump says “Germany is a captive to Russia.”," 11 July 2018 The hearing promised to expose CICIG’s nasty role—including collusion with the Russian government—in the travesty suffered by the Bitkov family. — Mary Anastasia O’grady, WSJ, "Guatemala, Russia and the Bitkovs," 1 July 2018 Trump has denied any collusion with Russians during his 2016 campaign, and Bolton echoed that denial. — David Jackson, USA TODAY, "President Donald Trump and Russian leader Vladimir Putin to meet in Helsinki, report says," 28 June 2018 Finally, to the president's critics the jailing of his former campaign manager Paul Manafort was just more evidence to the campaign's possible conspiracy and collusion with Russia. — NBC News, "Meet the Press - June 17, 2018," 17 June 2018 The other major reason Trump’s statement is striking is because he and his associates are being investigated for possible collusion with Russia in the runup to the 2016 presidential election. — Zeeshan Aleem, Vox, "Trump wants Russia invited back into the G7," 8 June 2018 There’s no public evidence that Trump is connected to any collusion with Russia to influence the 2016 vote. — Peter Grier, The Christian Science Monitor, "The perennial presidential urge to bring FBI 'under control'," 29 Mar. 2018 In December 2017, a source told ABC News that Hope Hicks was interviewed by special counsel Robert Mueller's team for their investigation into potential collusion with Russia in the 2016 election. — Megan Friedman, Cosmopolitan, "14 Things to Know About Hope Hicks, President Trump's Communications Director," 9 Feb. 2018 The Mueller investigation was about Russian collusion with the Trump campaign. — Sadie Gurman, WSJ, "Rod Rosenstein Calls for United Front Against Russian Interference," 13 July 2018

These 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

noun

Financial 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