BOOM 8,748 Posted April 8, 2017 Share Posted April 8, 2017 (edited) GM collusion. How is it defined here in the VHL(M) and what is the penalty for it? Just curious. Edited April 8, 2017 by BOOM Link to comment https://vhlforum.com/topic/39269-official-definition-required/ Share on other sites More sharing options...
BluObieZ 1,125 Posted April 8, 2017 Share Posted April 8, 2017 (edited) Hmmm I wonder Wikipedia says "Collusion is an agreement between two or more parties, sometimes illegal and therefore secretive, to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair market advantage. It is an agreement among firms or individuals to divide a market, set prices, limit production or limit opportunities." Edited April 8, 2017 by BobertZ Link to comment https://vhlforum.com/topic/39269-official-definition-required/#findComment-429068 Share on other sites More sharing options...
STZ 5,360 Posted April 8, 2017 Share Posted April 8, 2017 Might need to be a little more specific - what's the scenario.. Link to comment https://vhlforum.com/topic/39269-official-definition-required/#findComment-429098 Share on other sites More sharing options...
evrydayimbyfuglien 600 Posted April 8, 2017 Share Posted April 8, 2017 4 hours ago, STZ said: Might need to be a little more specific - what's the scenario.. Hypothetically speaking, of course, @BOOM Link to comment https://vhlforum.com/topic/39269-official-definition-required/#findComment-429128 Share on other sites More sharing options...
Senior Admin Will 4,660 Posted April 8, 2017 Senior Admin Share Posted April 8, 2017 "Collusion is an agreement between two or more parties, sometimes illegal and therefore secretive, to limit open competition" Pretty much that is the relevant part of Robbie's definition. The main would thing would be if it either circumvents or harms competition. Penalty would depend on specific scenarios Link to comment https://vhlforum.com/topic/39269-official-definition-required/#findComment-429133 Share on other sites More sharing options...
boubabi 4,725 Posted April 8, 2017 Share Posted April 8, 2017 bush did 9/11 STZ, Kendrick and der meister 3 Link to comment https://vhlforum.com/topic/39269-official-definition-required/#findComment-429135 Share on other sites More sharing options...
Devise 4,475 Posted April 8, 2017 Share Posted April 8, 2017 Do you believe something like this is currently going on? Link to comment https://vhlforum.com/topic/39269-official-definition-required/#findComment-429170 Share on other sites More sharing options...
gorlab 4,321 Posted April 8, 2017 Share Posted April 8, 2017 Link to comment https://vhlforum.com/topic/39269-official-definition-required/#findComment-429176 Share on other sites More sharing options...
BOOM 8,748 Posted April 9, 2017 Author Share Posted April 9, 2017 No that's fine. Thanks for the replies. Just wanted to know how it was defined here in the VHL for any future occurrence. Link to comment https://vhlforum.com/topic/39269-official-definition-required/#findComment-429466 Share on other sites More sharing options...
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