Sealed bud tenders and announce the identity and the bid of, Ask an Expert

Economics

When highway departments receive bids from guard rail and other construction firms, they regularly open the sealed bud tenders and announce the identity and the bid of the winning bidder. Do you think that this practice facilitates or hiders collusion among the construction firms?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M952964

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