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collusion
(redirected from collusively)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.03 sec.

collusion

In business, organizations or individuals acting in concert against the interests of a third party. Many instances of collusion in business are forbidden. A group of companies colluding to fix prices could be prosecuted under legislation against restrictive trade practices. Collusion does not necessarily have negative connotations, and can refer to any relationship that involves close cooperation.



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However, anyone who has taken Auditing 101 knows that despite admonitions to have checks and balances and segregation of duties, internal controls are easily overridden by senior management acting collusively.
CEOs and fraud: a solution. (Letters) by House, Stanley H. / Journal of Accountancy
The judge said the rule ``was adopted collusively with the specific intent to circumvent the terms of the injunction.
JUDGE DASHES HOPES OF CREDIT UNIONS by Daily News (Los Angeles, CA)
burden to present admissible evidence which tends to exclude, by a preponderance of the evidence, the possibility that the (Defendants) acted independently rather than collusively.
Sempra Energy Companies Face Jury Trial in $24 Billion Class Action ... by Business Wire
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