WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from WordNet

Definitions from the Web

Price gouging

Price gouging refers to the unethical practice of unreasonable price hikes, often during times of crisis or scarcity. It typically involves charging exorbitant prices for essential goods or services when their demand significantly exceeds the supply.

Example sentences:

1. The store faced severe criticism for engaging in price gouging by tripling the prices of bottled water during the hurricane.
2. During the pandemic, many sellers engaged in price gouging, selling hand sanitizers at ten times their usual price.
3. Legislation was put in place to prevent price gouging during natural disasters, ensuring fair prices for essential items.

If you are looking for books on consumer rights and price gouging, check out: