price gouging
التعريفات والمعاني
== English ==
=== Noun ===
price gouging (usually uncountable, plural price gougings)
(business, economics) The act of or an instance of charging services or pricing goods at unreasonably high prices.
=== Verb ===
price gouging
present participle and gerund of price gouge
==== Usage notes ====
How one defines reasonable relies on the principles of market forces (factors that the market will bear), but the gouging concept recognizes egregious exceptions as being exploitative, with a polar example being the needless exploitation of people's basic needs (such as food, potable water, and medicines) during a natural disaster.
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