Go to Statistics Portal

CONSPIRACY

Statistics Directorate    
Definition:
A conspiracy is normally a covert or secret arrangement between competing firms in order to earn higher profits by entering into an agreement to fix prices and restrict output.

The terms combination, conspiracy, agreement and collusion are often used interchangeably.

Source Publication:
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993.

Cross References:
Agreement (to lessen or restrict competition)
Collusion
Combination

Hyperlink:
http://www.oecd.org/dataoecd/8/61/2376087.pdf

Statistical Theme: Financial statistics

Created on Thursday, January 03, 2002

Last updated on Monday, March 03, 2003