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.
The Sherman Antitrust Act was passed in direct to response to the activity of the Standard Oil Company, which was an oil conglomerate owned and operated by John D. Rockefeller.rice Discrimination, as defined within the Clayton Antitrust Act, is considered to be the unfair and biased pricing structure with regard to separate retailers purchasing an identical product; upon disallowing a uniform purchase price, unfair advantages may be allowed to privileged buyers.