Question: Explain what bid rigging is, some forms of bid rigging, how it hurts the free market, and what are some best practices or controls that

Explain what bid rigging is, some forms of bid rigging, how it hurts the free market, and what are some best practices or controls that can be put in place to detect and deter this form of fraudulent behavior.

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Bid Rigging Bid rigging is an illegal practice in which competitors conspire to manipulate the bidding process to eliminate competition and artificially inflate prices It undermines the principles of ... View full answer

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