Courtesy Bids is a scam and should not be allowed. There is corruption all around in the business industry. It's not legal to take advantage of open markets. This leads to bid suppression which is...

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Courtesy Bids is a scam and should not be allowed. There is corruption all around in the business industry. It's not legal to take advantage of open markets. This leads to bid suppression which is "the collusive practice of subcontractors or suppliers working together to effectively raise prices for goods or services in a competitive bid market ( Phillips, 2018)." When there are things like this going on it makes the industry harder to work in. Almost begins to feel like a monopoly. Although it does happen, it shouldn't be allowed and those that find it right to do so are just lacking honesty and bad business ethics.
Answered Same DaySep 22, 2020

Answer To: Courtesy Bids is a scam and should not be allowed. There is corruption all around in the business...

Azra S answered on Sep 23 2020
153 Votes
Government action needed
Practices like Courtesy Bids are a collective action towards creating an u
nfair pricing for bids. That is why they are both hard to detect and control. It is not like there is no effort to control such practices. Various regulations are in place to control them, but for the most part courtesy bids escape detection. Authorities in bidding avenues place surveillance and detectors to scan for bid suppression, but again since they are hard to detect they escape notice. (Conti, De...
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