gizli muvazaa

Turkish - English

Definition of gizli muvazaa in Turkish English dictionary

(Kanun) tacit collusion

(Kanun) Tacit collusion occurs when cartels are illegal or overt collusion is absent. Put another way, two firms agree to play a certain strategy without explicitly saying so. This is also known as price leadership, as firms may stay within the law but still tacitly collude by monitoring each other's prices and keeping them the same

Hyphenation

giz·li mu·va·za·a