Bid Rigging

Note: a description about Bid rigging is also available in the Competition Law Portal of the European Encyclopedia of Law.

Bid rigging in the European Antitrust Law

Meaning of Bid rigging provided by the “Glossary of terms used in EU competition policy” (European Commission. Directorate-General for Competition. Luxembourg: Office for Official Publications of the European Communities, cop. 2002): Particular form of coordination between firms which can adversely affect the outcome of any sale or purchasing process in which bids are submitted. For example, firms may agree their bids in advance, deciding which firm will be the lowest bidder. Alternatively, they may agree not to bid or to rotate their bids by number or value of contracts.