Tuesday, May 17, 2011

Collusion on the White Street Landfill?

Collusion is an agreement between two or more persons,
sometimes illegal and therefore secretive,
to limit open competition by deceiving, misleading,
or defrauding others of their legal rights,
or to obtain an objective forbidden by law typically by defrauding or gaining an unfair advantage.

It is an agreement among firms to divide the market, set prices, or limit production.

It can involve "wage fixing, kickbacks,
or misrepresenting the independence of the relationship between the colluding parties".

In legal terms, all acts effected by collusion are considered void.

Wikipedia

"Readling says his original financial model
assumed that the private vendor would cover the cost of closure.

Since then, he said, he has learned that the city has committed to covering closure costs.

Consequently, the 15-year cost for all three proposers has been reduced.

Yes Weekly's Jordan Green live City Council feed

Or were all three reduced equally?

No comments:

NEWSBUSTED at NEWSBUSTERS.ORG 2-18-2015