Coaxial cable, or coax (pronounced / Ë k oÊ. Ã¦ k s /), is a type of electrical cable that has an inner conductor surrounded by a tubular insulating layer, surrounded by a tubular conducting shield.
DEFINITION of 'Bid Rigging'. A scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price.Bid rigging stifles free-market competition, as the rigged price will be unfairly high. The Sherman Act of 1890 makes bid rigging illegal under U.S. antitrust law. scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price. Bid rigging stifles free-market competition, as the rigged price will be unfairly high.
Antitrust Law Violations. updated. Antitrust laws are meant to protect competition in the marketplace. Competition is considered beneficial because it saves consumers money and encourages businesses to make better products.iolations are considered a type of white collar crime because they hurt competition, cause an increase in consumer prices, and can potentially damage the economy. There are three main antitrust laws: the Sherman Antitrust Act, the Clayton Act, and the Federal Trade Commission Act.