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price gouging

NOUN
  1. pricing above the market price when no alternative retailer is available

How To Use price gouging In A Sentence

  • Critics say it is the product of unabashed and unjustifiable price gouging. Times, Sunday Times
  • When a private company overcharges its customers, it is called price gouging.
  • The past five months have brought charges of price gouging, illegal insider trading, kickbacks and payola that have rocked the industry.
  • The typical example of price gouging is batteries that cost you $0.50 wholesale that you typically sell for $1.10 retail, now because of the blackout you sell them for $3.50. The Case for Price Gouging, Arnold Kling | EconLog | Library of Economics and Liberty
  • I would add that laws against price gouging also reduce the incentives for businesses to maintain inventories of supplies in anticipation of possible storms. The Case for Price Gouging, Arnold Kling | EconLog | Library of Economics and Liberty
  • Price gouging is widespread.
  • Critics say it is the product of unabashed and unjustifiable price gouging. Times, Sunday Times
  • Now you know all you need to understand that "price gouging" is oxymoronic. The Case for Price Gouging, Arnold Kling | EconLog | Library of Economics and Liberty
  • The past five months have brought charges of price gouging, illegal insider trading, kickbacks and payola that have rocked the industry.
  • Chase … price gouging, while reprehensible, is not illegal unless it is made so by the state. Think Progress » ThinkFast: July 18, 2006
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