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.
Bid rigging, more formally known as bid collusion, is a serious matter. In fact it can be a crime. Any allegation of bid collusion should be backed up by tangible evidence.It is not an allegation which should be based on speculation or asserted for tactical advantage.id rigging, more formally known as bid collusion, is a serious matter. In fact it can be a crime. Any allegation of bid collusion should be backed up by tangible evidence.