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This is then divided up such that each will get a "fair share" of the total business, without truly having to compete with the others for that business. Bid delegation can be a factor fostering the presence of bid rigging; for instance, it is the case of marketing agencies that bid for the same ad space on behalf of different and competing agents.
Under competition law, there is an important distinction between direct and covert collusion. Direct collusion generally refers to a group of companies communicating directly with each other to coordinate and monitor their actions, such as cooperating through pricing, market allocation, sales quotas, etc.
For example, on the sequence 1 ♣-1 ♠ (with or without opponent's interfering);1NT-2 ♣;2 ♦,2 ♥ will show an invitational hand with minimum five spades and four hearts, 2 ♠ an invitational hand with minimum five spades (in which case one does not have four hearts) or possibly six spades with or without four hearts. 2NT will show a balanced invitational hand, 3 ♣ typically an ...
The process of academic elective course bidding is extensively followed at some of the Top 100 Ranking business schools and law schools. Wherein students receive bid points (mostly uniformly or bid points are calculated on the basis of their CGPA), students may utilize these bid points to select courses and place winning bids on an online ...
In mergers and acquisitions, a mandatory offer, also called a mandatory bid in some jurisdictions, is an offer made by one company (the "acquiring company" or "bidder") to purchase some or all outstanding shares of another company (the "target"), as required by securities laws and regulations or stock exchange rules governing corporate ...
Kettl pointed to the Federal Emergency Management Agency’s handling of Hurricane Katrina in 2005 as an example of the pitfalls of staffing an agency with an unqualified leader.
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A reverse, in the card game contract bridge, is a bidding sequence designed to show additional strength without the need to make a jump bid; specifically two suits are bid in the reverse order to that expected by the basic bidding system. Precise methods and definitions vary with country, bidding system and partnership agreements.