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Legally, a Conspiracy exists when 2 or more persons join together and form an agreement to violate the law, and then act on that agreement. The crime is complete upon agreement, although some statutes require prosecutors to show that at least one of the conspirators has taken some.Conspiracy is an agreement between two or more people to commit an illegal act, along with an intent to achieve the agreement's goal. A conspiracy occurs when two or more people agree to commit an illegal act and take some step toward its completion. A criminal conspiracy exists when two or more people agree to commit almost any unlawful act, then take some action toward its completion. Conspiracy or Agreement: The conspiracy or agreement to fix prices, rig bids or allocate markets is the key element of a Sherman Act criminal case. The essence of conspiracy is an agreement of two or more persons to engage in some form of prohibited conduct. "agreement" in criminal conspiracy compares with the agreement in contract law. The application of conspiracy laws requires a tacit agreement among members of a group to commit a crime. Once an agreement with criminal intent is made, the conspiracy is complete, unless the applicable statute requires the additional element of an overt act.