1
00:00:09,694 --> 00:00:12,366
Max, you know...

2
00:00:12,416 --> 00:00:15,826
We always end up competing
for the same business.

3
00:00:15,870 --> 00:00:18,034
Why don’t we take turns on submitting bids

4
00:00:18,136 --> 00:00:20,622
so we don’t always have
to low-ball our prices?

5
00:00:20,647 --> 00:00:25,898
You go first and I’ll go next quarter. You in?
Oh…

6
00:00:26,289 --> 00:00:29,219
She reminds me of someone
I knew in high school.

7
00:00:29,290 --> 00:00:32,703
This guy was always doing
some sort of shady deal.

8
00:00:32,897 --> 00:00:38,002
Turns out one of those schemes landed
him in jail and he’s still doing time.

9
00:00:46,952 --> 00:00:50,669
Reducing competition in the
bidding process by taking turns –

10
00:00:50,742 --> 00:00:54,280
sitting out a bid and then expecting
the other person to do the same –

11
00:00:54,305 --> 00:00:55,969
is known as bid rotation.

12
00:00:56,008 --> 00:00:59,690
Without the competition, both
parties can raise their prices.

13
00:00:59,732 --> 00:01:04,011
Bid rotation can be punished by
heavy fines and even prison time.

14
00:01:04,115 --> 00:01:08,388
The Department of Justice and Federal Trade
Commission can investigate and prosecute

15
00:01:08,413 --> 00:01:11,983
anyone who commits these crimes as
well as the companies they serve.

16
00:01:13,031 --> 00:01:18,119
Dini, c’mon. When something sounds
too good to be true, it usually is.

17
00:01:18,144 --> 00:01:23,634
What you’re asking…could send
us both to jail. So, no thanks.