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bid rigging

Noun CEFR B2

Definitions

a conspiracy in which two or more competitors agree about who will submit the winning bid when there is a call for bids.

uncountable, usually

Equivalents

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CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

bid shading bid wanted bid whist bid-ask spread bid'a bidactyly

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