tacit collusion

Popular Terms
Circumstance where two companies agree upon a certain strategy without putting it in writing or spelling out the strategy explicitly.

Use 'tacit collusion' in a Sentence

The two senior executives met over drinks and lunch and came to a gentleman's agreement that would lead to tacit collusion. They knew they couldn't put it in writing, but they were excited about the new possibilities.
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Two companies may use a tacit collusion to develop a product without gathering social and media attention, or employees leaking out details.
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The tacit collusion accusation was made because the two companies continued to raise their prices slowly but surely this year.
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