n.

A secret agreement between two or more parties for a fraudulent, illegal, or deceitful purpose.

[Middle English, from Latin collūsiō, collūsiōn-, from collūsus, past participle of collūdere, to collude. See collude.]

A non-competitive agreement between rivals that attempts to disrupt the market's equilibrium. By collaborating with each other, rival firms look to alter the price of a good to their advantage. The parties may collectively choose to restrict the supply of a good, and/or agree to increase its price, in order to maximize profits. Groups may also collude by sharing private information, allowing them to benefit from insider knowledge.

Investopedia Says:
Collusion involves people cooperating or working together when they should be competing. In the stock market, collusion can take many forms. Traders participating in accommodation trading, where goods are exchanged for non-competitive prices, are involved in collusion.
Colluding traders might share private information regarding upcoming takeovers, allowing them to benefit from insider trading. Price rigging also involves the collusion of sellers, who inflate the price of an asset to realize higher profits.

Related Links:
The better you understand why insider trading can be criminal, the better you'll understand how the market works. Defining Illegal Insider Trading
Insider tracking can inform your investment strategy, but it requires research and a level head. Find out what to look for. When Insiders Buy, Should Investors Join Them?
Some insider trading is actually legal - and can be extremely telling for investors. Uncovering Insider Trading
These transactions reveal much about a stock. We go over what to consider and where to find it. Keeping An Eye On The Activities Of Insiders And Institutions
We tell you where to find the telltale signs of corporate misdeeds. Putting Management Under The Microscope
Ownership plays a key role when companies go public. Find out how. IPO Lock-Ups Stop Insider Selling

Agreement between two or more individuals to commit fraud. For example, an insured hires someone to burn down this house in order to collect the insurance proceeds.

noun

A secret plan to achieve an evil or illegal end: cabal, connivance, conspiracy, intrigue, machination, plot, scheme. See crimes, planned/unplanned.

A secret agreement for illegal or fraudulent purposes.

---

This entry contains information applicable to United States law only.

An agreement between two or more people to defraud a person of his or her rights or to obtain something that is prohibited by law.

A secret arrangement wherein two or more people whose legal interests seemingly conflict conspire to commit fraud upon another person; a pact between two people to deceive a court with the purpose of obtaining something that they would not be able to get through legitimate judicial channels.

Collusion has often been used in divorce proceedings. In the past some jurisdictions made it extremely difficult for a couple to obtain a divorce. Often a "sweetheart" agreement would take place, whereby a husband or wife would commit, or appear to commit, adultery or other acts that would justify a divorce. The public policy against collusive divorces is based on the idea that such actions would conflict with the effective administration by society of laws on marriage and divorce and would undermine marriage as a stabilizing force in society.

Virtually all jurisdictions have adopted no-fault divorce statutes or laws that allow a couple to obtain a divorce without traditional fault grounds, such as adultery or cruel and inhuman treatment. Because of this development, collusive divorces should diminish in number, since it will no longer be necessary for persons seeking a divorce to resort to such measures.

The fundamental societal objection to collusion is that it promotes dishonesty and fraud, which, in turn, undermines the integrity of the entire judicial system.

When two or more players work together in order to attain an unfair advantage over a game of poker. Collusion is cheating, and any card playing establishment will have a zero tolerance attitude towards it.

SoundPoker Says: There are several different strategies that colluding players will use.

The most common form of collusion is signaling, in which partners secretly share each others card information through a variety of methods, such as hand signals in brick and mortar establishments or instant messages while playing on tables.

Whipsawing entails two partners continually raising and re-raising each other in an attempt to trap opponents between their raises.

Dumping is a form of collusion in which one partner deliberately loses to a second partner in order to entice opponents.

See Also: Brick and Mortar, Dumping, Raise, Signaling, Trap, Whipsawing

IN BRIEF: A wrongful secret agreement.

The two men were found guilty of collusion.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

Dansk (Danish)
n. - aftalt spil, hemmelig forståelse med modstander

Nederlands (Dutch)
samenzwering, heimelijke verstandhouding

Français (French)
n. - collusion, connivence

Deutsch (German)
n. - Verschwörung, Konspiration, geheime Absprache

Ελληνική (Greek)
n. - συμπαιγνία, σκευωρία

Italiano (Italian)
collusione

Português (Portuguese)
n. - conspiração (f), fraude (f)

Русский (Russian)
сговор

Español (Spanish)
n. - colusión, confabulación

Svenska (Swedish)
n. - maskopi

中文（简体） (Chinese (Simplified))
共谋, 勾结

中文（繁體） (Chinese (Traditional))
n. - 共謀, 勾結

한국어 (Korean)
n. - 공모

日本語 (Japanese)
n. - 共謀, 結託

العربيه (Arabic)
‏(الاسم) تواطؤ, اتفاق للغش أو التزوير‏

עברית (Hebrew)
n. - ‮מזימה, קנוניה, קשר‬

If you are unable to view some languages clearly, click here.

To select your translation preferences click here.