Price gouging is a term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it can refer either to prices obtained by practices inconsistent with a competitive free market, or to windfall profits.
Take a $16 ticket, add $5.90 convenience charge, then add $2.20 for ordering online, and that's a 52% markup for a ticket to buy from ticketmaster.com
FIFTY PERCENT MARKUP, now THAT IS PRICE GOUGING!!!
Prices shown in USD.
Digite seu endereço de email abaixo para receber nossa Palavra Urbana do Dia grátis toda manhã!
Os emails são enviados de firstname.lastname@example.org. Nós nunca enviaremos spam para você.