price gougers

Disaster markup artists

Price gougers are sellers who sharply raise prices during emergencies or shortages, exploiting desperate demand.

The term is always pejorative, implying greed and unfairness: Price gougers were selling bottled water for ten dollars a gallon after the hurricane.

Many jurisdictions have laws against the practice, though economists debate whether such laws help or hurt consumers.

perpetrators

scalpers

Resell tickets above face value

opportunists · swindlers · racketeers · middlemen · speculators · resellers · ticket scalpers · landlords · vendors · retailers

crisis

profiteering

Exploiting scarcity for gain

black market · opportunism · supply shock · panic buying · rationing · stockpiling · monopolizing · essential goods · emergencies · natural disasters

economics

markup

Added percentage for profit

antitrust · monopoly · oligopoly · consumer protection · regulation · fines · penalties · lawsuits · enforcement · artificial scarcity

ethics

unconscionable

Morally unacceptable, beyond reason

opportunistic · extortionate · exorbitant · rapacious · mercenary · unfair · immoral · illegal · deceptive · manipulative

victims

consumers

Those who buy goods

desperate · stranded · sick · uninsured · renters · students · travelers · essential workers · families · communities

Opposites
consumer orientation

price gougerssocial enterprises

Businesses with charitable aims

discount retailers · loss leaders · charitable organizations · food banks

economic philosophy

price gougerscredit unions

Member-owned financial cooperatives

public utilities

charitable vs. exploitative commerce

price gougersphilanthropists

Generous supporters of good causes

benefactors · givers · altruists · humanitarians · volunteers

Family

price, prices, priced, pricing, pricey, priceless, reprice, gouge, gouger

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated G