Rigged market

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Rigged market

Manipulation of prices in a market to attract buyers and sellers.

Rigged Market

An illegal act or practice in which a person or company causes a price to be more favorable to an investor than market forces really justify. Rigged markets exist in order to attract investors to a company or project, but it is often not sustainable and in any case dupes the investor. There are a variety of ways to create a rigged market. See also: Price Manipulation.
References in periodicals archive ?
Ms Aurangzeb continued to say that pre and post-poll day rigging had been carried out.
Asked whether the party planned to take to the streets to protest against the alleged rigging, she said: 'The country cannot afford agitation at this moment.
This background is helpful to make sense of the "compilation of work" that is Entertainment Rigging for the 21st Century.
It's as if he just cued his rigging peers to go out on stage in succession without warming up the crowd or showing up between acts to apprise the audience of what was coming up next and of what significance each has in the show.
PBO, or to give its proper name, poly(p-phenylene-2,6-benzobisoxazole), is a very high strength, low stretch synthetic polymer also found in bullet proof vests, the cockpits of Formula One racing cars, tennis rackets and NASA's Mars exploration vehicles and it is the predominant material currently used in composite rigging. It has been dubbed the world's strongest fibre, with a tensile strength approximately 10 times that of steel, a 1mm thread of PBO can hold a weight of 450kg.
A number of companies have developed systems for yacht composite rigging including Future Fibres, Southern Spars, Ocean Yacht Systems (OYS) and Navtec.
Among the problems with the rigging was that the worker was incorrectly secured, she said, and there was no counterweight to balance the weight of the scaffolding and the worker.