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

In 2017, Kaepernick opted out of his 49ers contract in March and later filed a grievance with Eric Reid against the NFL for collusion in October. — Jenna West, SI.com, "Donald Trump Says Colin Kaepernick Should Play in NFL 'Only If He's Good Enough'," 9 Aug. 2019 Earlier this year, Kaepernick, along with Eric Reid, reached a financial settlement with the NFL over collusion allegations. — Sydney Scott, Essence, "It's Been Over 850 Days Since Colin Kaepernick Played In The NFL, But He's Never Stopped Training For His Return," 8 Aug. 2019 In 2018, Kaepernick filed a collusion grievance lawsuit against the NFL, which was settled out of court in February of this year, according to a statement from his attorneys. — Carmen Dipippo, PEOPLE.com, "Colin Kaepernick Shares Workout Routine and Says He's 'Still Ready' for Return to NFL," 8 Aug. 2019 Kaepernick and former 49ers teammate Eric Reid settled their collusion case with the NFL earlier this year, but no team has come calling with an offer lucrative enough to entice Kaepernick yet. — Michael Nowels, The Mercury News, "New Kaepernick video: 5 a.m. workouts, 5 days a week, for 3 years," 7 Aug. 2019 He and former teammate Eric Reid, who knelt with Kaepernick, settled their collusion grievances cases against the NFL in February. — Darran Simon, CNN, "Colin Kaepernick said he's been working out at 5 a.m., 5 days a week for 3 years. He's ready to play football.," 7 Aug. 2019 The thesis on the Trump side is that the dossier was a Russian disinformation operation, in which Clinton was complicit; in other words, that’s the real collusion. — Amy Davidson Sorkin, The New Yorker, "Robert Mueller’s Testimony and the Garbled Language of Politics," 28 July 2019 At times, Mueller seemed to struggle to hear the lawmakers' questions and at one point did not remember his own report's explanation of collusion versus conspiracy. — Molly Beck, Milwaukee Journal Sentinel, "Ron Johnson says Robert Mueller's testimony was 'sad,' says age took a toll," 26 July 2019 Mueller’s testimony yesterday highlighted the connection between obstruction and collusion. — Joyce White Vance, Time, "This Might Be the Most Important Exchange in the Mueller Testimony," 25 July 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