In the financial market, a transaction between two related entities which, however, give the appearance to the outside world (e.g. for tax or antitrust reasons) that no pre-existing relations existed between them (a transaction where two related entities have nevertheless acted as if they had no pre-existing relations). – See Acting in Concert, Connection, Close.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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