Definition
Bid rigging involves collusion between bidders to manipulate tender outcomes.
Context
Bid rigging typically occurs in procurement and tendering processes and is closely linked to collusion, corruption, and vendor fraud. It is particularly relevant in regulated markets and public procurement environments.
Meaning
Undermines fair competition, leads to inefficient procurement outcomes, and causes significant economic harm.
Example
Companies rotate winning bids in public tenders.
Sources
Suggested citation
wirtschaftsforensik.ch Editorial Team: "Bid Rigging", in: Glossary, wirtschaftsforensik.ch, https://wirtschaftsforensik.ch/glossar/bid-rigging/, accessed April 18, 2026.