Wired deal
MyWikiBiz, Author Your Legacy — Thursday December 26, 2024
Jump to navigationJump to searchA wired deal is one type of unfair agreement between two parties. For example, when an organization solicits competitive bids from prospective contractors, it may pre-determine the outcome either by manipulating the specifications of the request for proposal so that only one candidate could possibly comply, or by contriving the selection criteria in such a way to favor one bidder over all others.
A wired deal may be a way to move tax-advantaged, non-profit dollars into the hands of a for-profit enterprise, as seemed to be the case when the Wikimedia Foundation rented office space from Wikia, Inc..[1]