Price Gouging Debate

Comments debate whether sharp price increases during shortages, disasters, or high demand constitute immoral or illegal price gouging, contrasting it with market-driven pricing and discussing the impacts of anti-gouging laws.

📉 Falling 0.2x Politics & Society
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#4450
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Keywords

ELI5 museum.co OMG COVID19 TIL russroberts.info COVID gouging price prices supply demand laws hoarding market inflation retail

Sample Comments

HyperSane Mar 3, 2023 View on HN

Why isn't stuff like this covered by price gouging laws?

TeMPOraL Mar 7, 2020 View on HN

Price gougers aren't trying to reduce misery; they increase it.

stevehawk Apr 28, 2022 View on HN

what price gouging are we talking about?

lacker Oct 14, 2009 View on HN

Just say the price went up due to unexpectedly high demand. It's hardly "gouging" you if the only way people can keep it in stock is to raise the price.

codevark Feb 15, 2024 View on HN

It's not inflation, it's price gouging.

TwoBit Mar 18, 2020 View on HN

Seems like a variation of the price gouging people have been inflamed about recently.

hellojesus Oct 30, 2023 View on HN

Source? Besides price gouging is fine and shouldnt be illegal.

mienski Nov 3, 2020 View on HN

TIL price gouging of medical supplies during pandemics is a good feature of markets..

geraldyo Oct 19, 2022 View on HN

Both are examples of price gouging... ?

joezydeco Feb 28, 2020 View on HN

Or price gouging by pharmacies that still have inventory?