Question: Bid-rigging has all of these features EXCEPT a. It is a collusive agreement b. The bid-riggers pay a smaller amount than without bid-rigging c. Bid-riggers

Bid-rigging has all of these features EXCEPT

a.

It is a collusive agreement
b.

The bid-riggers pay a smaller amount than without bid-rigging
c.

Bid-riggers need an auxiliary mechanism to allocate the good within the bid-riggers
d.

Bid rigging is usually a legitimate and legal strategy for the buyer-side

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