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B

Bid Rigging

DEFINITION
Bid rigging involves collusion between bidders to manipulate tender outcomes.
MEANING
It undermines fair competition and procurement integrity.
EXAMPLE
Companies rotate winning bids in public tenders.
SOURCES

T

Trading in Influence

DEFINITION
The offering or receiving of benefits in exchange for the use of real or perceived influence over decision-makers.
MEANING
It represents a subtle form of corruption that undermines institutional integrity.
EXAMPLE
Payments are made to influence regulatory or political decisions.
SOURCES