collusion

Vocabulary Word

Definition

'Collusion' refers to a secret agreement or cooperation between people with the goal of deceiving others. This term often has negative connotations, suggesting secretive, dishonest actions.

Examples in Different Contexts

In corporate ethics, 'collusion' is viewed as a severe breach of trust. A compliance officer might warn, 'Collusion with competitors can lead to significant legal consequences.'

Practice Scenarios

Tech

Scenario:

The simultaneous cyber attacks on our servers are raising concerns. It might be orchestrated by a group of hackers.

Response:

Agreed. We should bring in a cybersecurity expert to investigate any potential collusion among these hackers.

Business

Scenario:

Our sales team reported that our competitors are setting identical pricing. We must investigate this odd coincidence.

Response:

That indeed seems strange. We need to ensure there is no collusion happening behind these price adjustments.