And speaking of the red carpet, who makes sure the nominees get their moment in front of the cameras without pop-star gridlock? Red carpet coordinator Sara Labb, above, is just one of a veritable army of pros on the Grammys crew who make the awards show work. Follow live coverage of the Grammys as it happens>>. We captured many of them preparing for the show in the days before Monday's airtime.
Collusive Bidding Schemes. Collusive bidding refers to agreements by contractors or suppliers in a particular trade or area to cooperate to defeat the competitive bidding process in order to inflate prices to artificially high levels. It can occur in large and small contracts.
A market situation in which there are many buyers and sellers of a product, and no single buyer or seller can control the price is . a. an oligopoly. b. a monopolistic marketplace. c. a monopoly. d. pure competition. e. a laissez-faire market.