​A bid rotation scheme in a cartel is where

A) ​The cartel members do not participate in auctions
B) The cartel members never bid against each other
C) The cartel members take turns winning the bids and do not bid against the member whose turn it is to win
D) ​All of the above

Auctions

Competitive bidding processes where goods or services are sold to the highest bidder.

Bid Rotation

A form of collusion in auction markets where participants take turns being the lowest bidder to ensure each wins a proportion of contracts over time.

Cartels

Organizations or associations of producers or suppliers formed to maintain prices at a high level and restrict competition.