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The Hydra “Code bidding”, “jump bidding”, “self bumping” are some of the tricks that can corrupt auctions, as well as inside information, collusion.
Illustration for a Free Exchange article by Richard Davies. (152)
London, UK. 2014-07-09
for: The Economist Newspaper, London
Link: www.economist.com/news/finance-and-economics/21606837-risks-cartels-and-collusion-pose-auctions-competition-hammered
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