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Bid Rigging
An illegal agreement between parties to conspire to fix the outcomes of bidding processes to benefit all involved parties unfairly.
Predatory Pricing
The practice of selling a product or service at a very low price with the intent of driving competitors out of the market or creating barriers to entry for potential new competitors.
Meeting-The-Competition Defense
A legal defense allowing a business to justify certain behaviors, such as price fixing, by proving they were necessary to meet a competitor's prices.
Per Se Defense
A legal argument that, if proven, is sufficient by itself to defend the position of the defendant without the need for further evidence.
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