Examlex
The change in real GDP is often inversely related to inflation.
Winning Bids
Offers in an auction that outmatch all others, securing the auctioned item or service for the bidder.
Bid-rigging
An illegal agreement between parties to fix the outcome of a bidding process to benefit themselves at the expense of others.
Cartels
Formal agreements among competing firms to control prices or output in a particular market, often to monopolize a market.
Auctions
A sales event where goods or services are sold to the highest bidder in a competitive process.
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