Building sectoral anti-corruption agreements among competitors can be a significant challenge in Collective Action. Sectoral agreements, or sectoral pacts, aim to create conditions of fair and transparent markets through discouraging certain practices of corruption by defining clear rules among competitors.
For businesses, sectoral agreements can be more effective than working in isolation, as many companies may fear being excluded from markets of interest for daring to announce having been subject to bribe solicitation in a procurement process, for example.