tacit collusion

English - Turkish

Definition of tacit collusion in English Turkish dictionary

(Kanun) Gizli muvazaa

(Ticaret) gizli anlaşma

English - English

Definition of tacit collusion in English English dictionary

(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

tac·it col·lu·sion

Turkish pronunciation

täsît kılujın

Pronunciation

/ˈtasət kəˈlo͞oᴢʜən/ /ˈtæsɪt kəˈluːʒən/