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

Robert Mueller, esteemed special counsel investigating Russian meddling in the 2016 election and possible collusion with the Trump campaign, is resigning from his hallowed post. — Bridget Read, Vogue, "Robert Mueller Resigns in a Blaze of…Prepared Statements," 29 May 2019 And that weapon cuts both ways this year with the backdrop of a Republican president, Donald Trump, under investigation by a special counsel for possible collusion between his 2016 campaign and the Russian government. — Gilbert Garcia, San Antonio Express-News, "Impeachment talk carries more risk than reward for Dems," 28 Apr. 2018 To prevent price collusion, a similar sort of watchful eye would be needed. — David Grossman, Popular Mechanics, "Left to Their Own Devices, Pricing Algorithms Resort to Collusion," 12 Feb. 2019 The Trump campaign, which is already under investigation by the Department of Justice for possible collusion with Russia, could also feel the heat from Bannon’s involvement with Cambridge Analytica. — Isobel Thompson, The Hive, "The Secret History of Steve Bannon and Alexander Nix, Explained," 21 Mar. 2018 Our reporters are digging through the findings of the 22-month investigation into possible collusion and obstruction of justice. ... — WSJ, "Live Updates: The Mueller Report," 18 Apr. 2019 Trump's action is among those under scrutiny by Mueller as part of his investigation into possible collusion between the Trump campaign and Russia to sway the 2016 election. — The Washington Post, NOLA.com, "Giuliani dials back statements on Trump and payment to porn star Stormy Daniels," 5 May 2018 Democrats believed Russian collusion was their easiest path toward impeachment. — WSJ, "Michael Cohen Was No Silver Bullet For the Hopeful Democrats," 8 Mar. 2019 This sort of collusion would stem from a certain type of algorithms, the researchers say. — David Grossman, Popular Mechanics, "Left to Their Own Devices, Pricing Algorithms Resort to Collusion," 12 Feb. 2019

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