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单词 auction ring
释义
  • Business

auction ringnoun [ C ]

ukusalso bidders' ring COMMERCE

a group of buyers at an auction (= public sale) who make an illegal agreement not to compete against one another to buy things, in order to keep the price low. They then sell what they have bought at a higher price and share the profits.

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更新时间:2024/12/23 18:30:42