Preventing Collusion in Procurement: A Primer

@inproceedings{Spagnolo2006PreventingCI,
  title={Preventing Collusion in Procurement: A Primer},
  author={Giancarlo Spagnolo and Gian-Luigi Albano and Paolo Buccirossi and Matteo Zanza},
  year={2006}
}
In softening price competition at the tendering stage, a bidding ring may jeopardize the buyer's effort to award a procurement contract at her most advantageous economic conditions. By exploiting the similarities between oligopolistic and procurement markets, we discuss how structural conditions of the procurement market such as the presence of barriers to entry, demand fluctuations, frequency of interactions among suppliers and market transparency affect the sustainability of collusive… CONTINUE READING