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

President Trump has been all but charged with collusion in this indictment. — Jonathan Chait, Daily Intelligencer, "Mueller’s New Indictment Points to Collusion With Russia," 13 July 2018 Democrats say that Republicans are focusing on Strzok and Page in an effort to undermine Mueller's investigation of Russian interference in the 2016 election and possible collusion between the Trump campaign and the Kremlin. — Erin Kelly, USA TODAY, "FBI agent Peter Strzok: My personal opinion of Trump did not affect my work," 12 July 2018 Manafort has repeatedly declared his intention to fight the charges in both jurisdictions, with his lawyers saying that he is being wrongly prosecuted for financial activities that have nothing to do with collusion to affect the election. — Anchorage Daily News, "Paul Manafort ordered to jail after witness-tampering charges," 15 June 2018 And relations with those countries are at a low ebb, with China shadowed by threats of a US trade war and Russia on notice for a whole range of disputes, from Ukraine to Syria and the whole collusion-and-electoral-interference problem. — Evan Horowitz, BostonGlobe.com, "Trump canceled the North Korea summit. Here’s what it means," 24 May 2018 Well, what better way to unleash the Russian collusion hysteria than the top domestic law enforcement and intelligence chief briefing the incoming president about a document that’s one of the centerpieces of this shoddy theory. — Matt Ford, The New Republic, "Anatomy of a Pro-Trump Conspiracy Theory," 22 May 2018 As things stand, this idea is based on 16 three-team groups, which is ugly and messy and fraught with complications and possibilities for collusion. — Martin Rogers, USA TODAY, "How to stop World Cup teams from trying to lose in the group stage," 29 June 2018 Last year Spanish competition watchdogs fined Deutsche Bahn and Renfe, Spain’s state rail company, over €75m for collusion in the country’s rail-freight market. — The Economist, "European state rail firms face scrappy new competitors," 28 June 2018 Kaepernick subsequently filed suit against the NFL for collusion. — Clarence E. Hill Jr., star-telegram, "Cowboys owner Jerry Jones gives deposition in Colin Kaepernick collusion case," 12 Apr. 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